Tie your business savings or money market account to your business checking account to automatically provide overdraft coverage. You can also tie your business checking to a sweep arrangement over specified target balance and by special arrangement.


Business Savings

The Basics:
  • $100.00 minimum to open
  • $500 average monthly balance¹ to avoid $6.00 monthly service charge
  • Limit 6 preauthorized transactions each monthly statement cycle, $15.00 fee will be assessed for each additional preauthorized transaction³

The Features:
  • Tiered interest rates
  • Unlimited Bank of Commerce Automated Teller Machine (ATM) and in branch withdrawals
  • Automatic transfers and/or sweep arrangements
  • ATM card

1. The average monthly balance is calculated by adding the principal in the account for each day of the statement period and dividing that sum by the number of days in the statement period.

Refer to the Account Terms and Conditions for additional terms regarding your account and the Schedule of Fees and Services for additional fees that may be assessed. See account disclosure for full details. Fees may reduce earnings on the account. Refer to the current rate sheet for interest information.



Business Money Market

The Basics:
  • $100.00 minimum to open
  • $2,500 average monthly balance¹ OR $10,000 in combined monthly balances² to avoid $15.00 monthly service charge
  • Limit 6 preauthorized transactions each monthly statement cycle, $15.00 fee will be assessed for each additional preauthorized transaction³

The Features:
  • Tiered interest rates
  • Unlimited Bank of Commerce in branch withdrawals 
  • Automatic transfers and/or sweep arrangements

1. The average monthly balance is calculated by adding the principal in the account for each day of the statement period and dividing that sum by the number of days in the statement period.

2. The combined balance will include the total average monthly balance of your Personal Money Market account and the average monthly balance of any additional checking or savings accounts that are owned by you. Accounts must have the same vesting to be considered for combined balance purposes.

Refer to the Account Terms and Conditions for additional terms regarding your account and the Schedule of Fees and Services for additional fees that may be assessed. See account disclosure for full details. Fees may reduce earnings on the account. Refer to the current rate sheet for interest information.



Certificates of Deposit (CDs)

The Basics:
  • $500.00 minimum to open
  • 10 day grace period
  • Early withdrawal penalty will apply if there is a partial withdrawal or the CD is closed before the maturity date

The Features:

  • Competitive interest rates
  • Choose from fixed or variable rate options
  • Flexible terms from 91 days to 5 years
  • Receive interest payments monthly, quarterly, semi-annually, or at maturity

Refer to the Account Terms and Conditions for additional terms regarding your account and the Schedule of Fees and Services for additional fees that may be assessed. See account disclosure for full details. Fees may reduce earnings on the account. Refer to the current rate sheet for interest information.


3. Federal regulations limit certain types of withdrawals and transfer transactions you can make from a savings or money market account. Transfers from savings or money market accounts to another account or to third parties by overdraft protection, telephone, point of sale (POS) debit card transactions, bill payments, computer transfer or by a check, draft or similar order to third parties are limited to six (6) per calendar month or statement cycle. We will use the date a transaction is completed by us (as opposed to the day you initiate it) to apply the frequency limitation. If you exceed the transfer limits set by federal regulations, we will notify you in writing. If you continue to exceed transaction limits we are required by law to convert your account to one that is not subject to limits on transactions. If we plan to convert your account, we will notify you at least 30 days in advance. Excess withdrawals will be subject to $15.00 service fee, assessed during the statement cycle period.