Business Savings Accounts

Open an Account Schedule Appointment

The road to long-term success includes a smart saving strategy

Build up your reserves with competitive rates and easy deposits

Add to your bottom line
Your money earns interest every day while you focus on other important matters.
Make it automatic
Push your savings to higher levels by scheduling transfers from your checking account.
Fast access to funds
Our Business Savings Account lets you tap into your reserves right when you need them.

Be prepared for anything the future might bring

Your Carter Bank checking account is designed to fund today's operations. On the other hand, your savings account helps you focus on tomorrow. By making regular deposits, you'll be in a better position to make major purchases, cover unexpected costs, launch your next initiative or do whatever it takes to keep your business one step ahead of the competition.

  • $50 minimum to open an account
  • Competitive interest rate¹
  • Unlimited in-person withdrawals and transfers
  • Detailed quarterly statements
  • Access to Online and Mobile Banking tools

FAQs

You can open a Business Savings account with just $50. There are no monthly maintenance fees, but you’ll need to maintain a minimum balance (typically around $100) to avoid minimum balance fees.
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Related Resources

Check out our handy financial tools and resources.

Your Security, Our Priority
Learn how Carter Bank protects your accounts and what you can do to stay safe online.

Watch your savings grow.

View All Rates
7 Month CD
3.23%
APY2
Premium Money Market Account
1.67%
APY2

¹ Interest rate and annual percentage yield may change. At our discretion, we may change the interest rate daily. Fees may reduce earnings. Rate may change after account opening.

2 APY = Annual Percentage Yield.

 

Carter Bank is a full-service financial institution with locations throughout Virginia and North Carolina.

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