Business Savings & Money Market Accounts
Third Coast Business Premium Account (MMA)
Our best savings account, with tiered interest rates that reward higher balances.
Minimum to open:
Minimum amount to open — $100
Minimum balances and fees:
- No monthly maintenance fee when minimum balance requirements are met
- Minimum daily collected balance to avoid monthly maintenance fee — $2,500
- Monthly maintenance fee only $15
Interest (See us for current rates):
- Interest earned on daily collected balances and paid monthly
- Five premium interest rate tiers: **
- Tier 1: $0 — $9,999
- Tier 2: $10,000 — $24,999.99
- Tier 3: $25,000 — $49,999.99
- Tier 4: $50,000 — $99,999.99
- Tier 5: $100,000 and above
Account features and benefits:
- Limited check writing ***
- Unlimited in–house withdrawals
- Imaged checks and deposit slips with monthly statement
- Free online banking with bill payment option
- Free 24–hour bank–by–phone
** Interest rates are subject to change.
*** Federal regulations limit this account to six (6) transfers but only three (3) may be payments by checks to third parties. There will be an excess check charge of $20.00 for each withdrawal after the third.
Business Savings
The perfect complement to your business checking account.
Minimum to open:
- Minimum amount to open — $100
Minimum balances and fees:
- No monthly maintenance fee when minimum balance requirements are met
- Average daily collected balance to avoid monthly maintenance fee only $300
- Monthly maintenance fee only $3
Interest (See us for current rates):
- Interest earned on daily collected balances and paid quarterly **
Account features and benefits:
- Six (6) free withdrawals per quarter ****
- Free online banking
- Free 24–hour bank–by–phone
** Interest rates are subject to change.
**** Savings accounts are allowed six (6) withdrawals/transfers per quarter at no charge. Each additional withdrawal per quarter is $3.00 each.
Equal Housing Lender