Champlain National Bank : Business Banking : Savings Accounts

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Savings Accounts

Business Statement Savings¹
The standard contemporary savings account. Open one up with $100 and earn interest on every dollar in your account. No service charge with a $100 minimum daily balance. We'll send you a detailed statement to help you track your finances.

Monthly Maintenance Fee - $2
Minimum Daily Balance Requirement
to Avoid Monthly Maintenance Fee - $100
Free NetTeller® Cash Management (Standard)

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Business Money Market¹
This great account allows you to reach your savings goals faster while keeping your money easily accessible. Business Money Market earns a superior rate plus there’s no monthly maintenance fee. The more money you have in the account the higher the interest rate.

Minimum Balance to Open - $10,000.00
No Maintenance Fee
Interest Rate - Variable, Tiered

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Free NetTeller® Cash Management (Standard)

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Certificate of Deposit
Certificate of Deposit is a great savings option for businesses that will not need access to their account for a predetermined amount of time. You can look forward to flexible terms, competitive rates, and security of knowing your money is FDIC insured. Champlain National Bank offers you a variety of options to suit your needs.

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CDARS^®
CDARS® is the Certificate of Deposit Account Registry Service®. It is the easiest and most convenient way to enjoy full FDIC insurance on deposit amounts larger than $250,000. You earn one rate, deal with one bank and receive one statement. You will be happy to discover that your deposit earns CD-level returns and that the value of your money can support local lending opportunities. CDARS can be a valuable cash management or longer-term investment tool for your business.

¹ Federal Transaction Limits apply. Excess debit activity fee is $10.

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