Business Savings

At Altoona First, we understand your business is unique, and are committed to being your trusted partner every step of the way. Our approach is rooted in building lasting relationships and providing personalized solutions tailored to help your business move in the right direction. We take the time to listen and learn about your goals, allowing us to offer advice and comprehensive financial solutions specific to your business. Whether you’re looking to expand into new territory, need innovative digital banking solutions, or simply want to talk strategy with local business experts, our friendly and knowledgeable team is here to help your business succeed.

Compare Savings Accounts

Compare Business Savings Accounts
FeaturesBusiness Statement SavingsBusiness Money MarketBusiness Certificate of Deposit
Minimum Balance to Open$25$25$1,000
Minimum Balance$100N/AN/A
Earns InterestYesYesYes
Free Digital BankingYesYesYes
How to OpenApply Now for a Business Statement Savings account
Learn More about Business Statement Savings accounts		Apply Now for a Business Money Market account
Learn More about Business Money Market accounts		Apply Now for a Business Certificate of Deposit (CD) account
Learn More about Business Certificates of Deposit (CDs)

    Business Statement Savings Account

    We understand the importance of having the right support to back your business. Our Business Statement Savings provides your business with security while earning competitive interest.

    Details:

    • Earn competitive interest on entire balance
    • $25 minimum deposit to open
    • Avoid the $5 monthly maintenance fee by maintaining a $100 minimum daily balance
    • Funds available at the time of deposit
    • Combined statements with checking account
    • Free digital banking

    Business Money Market Deposit Account

    Every tool you need to help your business succeed means having access to your funds where you need them, when you need them. With our Money Market account, you can raise your rates and your balance all without restricting access to your funds!

    Details:

    • Earn competitive, tiered rates on balances starting at $2,500
    • $25 minimum deposit to open
    • Higher balances earn higher rates
    • No monthly maintenance fees
    • Free digital banking

    Business Certificates of Deposit (CDs)

    Give your business a greater chance to earn while you save at a faster rate with the help of a Certificate of Deposit. Our variable rate options allow for one withdrawal per quarter, giving you the access you need to your funds with the advantage of investment-level savings.

    Details:

    • Earns a higher rate of interest
    • $1,000 minimum deposit to open
    • Wide range of terms (from 3 months to 5 years)
    • Fixed rate option:
      • Rate locked for length of term
      • Interest penalty for early withdrawal
    • Variable rate option:
      • Can capitalize on market rate increases
      • Allows unlimited deposits
      • One penalty-free withdrawal per calendar quarter
      • Interest penalty for additional withdrawals

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