Business Savings Accounts at Founders Bank & Trust 

Founders Bank & Trust Business Savings Accounts

Building a financial future for your business requires an intelligent savings plan – one that provides security, responds to your changing objectives, and rewards you with interest earned. At Founders Bank & Trust, we offer several excellent savings opportunities for businesses, regardless of the size or venture. Our Grand Rapids based Client Services Representatives are happy to share the advantages of our various business savings accounts with you, to help you find the best fit for your business.

 

We want to be your bank of choice.

Click here to move your business savings account to Founders Bank & Trust.

Use our Financial Calculators to see how our savings plans work for your business.

Meet our Business Development Team


Founders Business Select Savings

Our most basic business savings account featuring tiered interest rates, and no minimum balance requirements.

Account Benefits:

  • No minimum balance requirement
  • Tiered rates of interest
  • Interest calculated daily, compounded monthly
  • Access to Founders Online

Requirements:

  • Account must be opened with funds not currently on deposit at Founders Bank & Trust

For additional information about the Founders Business Select Savings account including current rates, please complete a Contact Us form to have a member of our team answer your questions.

Founders Business Savings Account

A business savings account that allows you to grow your funds as you plan for future investments.

Account Benefits:

  • Tiered rates of interest
  • Interest calculated daily, compounded monthly
  • Access to Founders Online

Requirements:

  • $250 minimum deposit to open account
  • $250 minimum monthly balance requirement
  • If minimum balance falls below $250, monthly service fee is $10.00




For additional information about the Founders Business Savings account including current rates, please complete a Contact Us form to have a member of our team answer your questions.

Founders Business Premier Money Market

Founders Bank & Trust’s Business Money Market Account provides great rates without high risk and the added benefit of limited check writing. This product is a great way to earn valuable yields on your funds while keeping them accessible.

Account Benefits:

  • Tiered interest rates based on daily collected balance
  • Free checks
  • Six pre-authorized debits per month

Requirements:

  • $5,000 minimum deposit to open account
  • $5,000 minimum monthly balance requirement
  • If minimum balance falls below $5,000, monthly service fee is $20.00



For additional information about the Business Premier Money Market including current rates, please complete a Contact Us form to have a member of our team answer your questions.

Founders Health Savings Account

Health Savings Accounts (HSAs) are available to individuals or businesses looking for more control over how their healthcare dollars are spent. Money saved in an HSA is used by an individual to pay for qualified medical expenses.

Account Benefits:

  • Tiered rates of interest
  • Free Founders Bank & Trust Debit MasterCard™
  • Free Founders Online banking
  • Earnings can be withdrawn tax-free for qualified medical expenses
  • Balances automatically roll over from year to year
  • Unused funds accumulate with tax-free interest until retirement
  • Unlimited Check Writing
  • Free check imaging – available via Founders Online Banking 

Account Details

  • $2.00 monthly service fee, waived when you sign up for e-statements

For additional information about Health Savings Accounts including current rates, please complete a Contact Us form to have a member of our team answer your questions.

Founders Bank & Trust Certificates of Deposit

Choose from one of many certificates to substantially increase the earning power of your dollars. With a minimum deposit of $2,000, various terms are available for the short or long term investor. You will receive a competitive rate that is guaranteed for the full term of your investment.

Account Benefits:

  • Flexible maturity dates
  • Full-term competitive rates guaranteed
  • Interest can be compounded, mailed to you or transferred to another Founders Business Account
  • Automatic renewal is available for CDs under $100,000

Requirements:

  • $2,000 minimum deposit to open account



For additional information about our CD accounts including current rates, please complete a Contact Us form to have a member of our team answer your questions.

CDARS

Are you looking for the safety of FDIC insurance on your large deposits? Through our participation in the Certificate of Deposit Account Registry Service® (CDARS®), depositors can enjoy CD interest rates while remaining eligible for FDIC insurance on deposits over $250,000 in cash or other assets up to $50 million.

Through the CDARS program you will work directly with Founders Bank & Trust to earn one interest rate, and receive one regular statement. Now, you no longer need to run around opening multiple accounts at multiple banks, managing various interest rates, organizing interest disbursements from various sources, or manually consolidating monthly statements. This reduces your administrative burden, especially during tax and financial reporting seasons.

And with CDARS, you can eliminate the need to monitor changing collateral values - another time saving convenience.



Funds may be submitted for placement only after a depositor enters into the CDARS Deposit Placement Agreement by Founders Bank & Trust. The agreement contains important information and conditions regarding the placement of funds by us. Please read the agreement carefully before signing it. CDARS is a registered service mark of Promontory Interfinancial Network, LLC.

For additional information about the CDARS program, please complete a Contact Us form to have a member of our team answer your questions. 

Intranet | Outlook | Copyright 2007 Founders Bank & Trust - Grand Rapids, MI – Questions or comments, please Contact us at (616) 956-9030.