Business Savings

Forward-looking businesses know how to build for the future with savings accounts

From major purchases to marketing efforts to facilities upgrades, there are plenty of reasons why local businesses need to grow their cash reserves. At North Salem State Bank, we offer several business savings accounts that feature competitive interest returns.
Silver Savings
  • Total liquidity means easy access to cash for everyday expenses or big-picture  initiatives.
  • Interest paid monthly
  • $25 minimum opening deposit
  • No minimum balance requirement
  • Convenient funds transfer through Online Banking.

Sterling Savings
  • Our tiered rate systems provides higher interest returns for businesses that keep bigger balances.
  • Interest paid monthly
  • Tiered interest rates
  • $25 minimum opening deposit
  • Maintain $1,000 minimum daily balance to avoid $10 monthly service charge

DocuMoney Market
  • Money Markets provide higher returns than most savings accounts while providing businesses with instant access to funds via Online and Mobile Banking.
  • Interest paid monthly
  • Tiered interest rates reward bigger balances
  • $25 minimum opening deposit
  • Maintain $10,000 minimum daily balance to avoid $10 monthly service charge