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Business Savings Accounts

You might be saving up to expand your inventory, buy a new piece of equipment to help your business run more efficiently, or you could just save up for that next big opportunity. No matter what you’re saving for, we’re here to help keep your money safe and secure until you’re ready to use it.

The Callaway Bank is an FDIC member, and your deposits are insured up to the maximum allowable coverage.

Open a Business Savings Account today! The dedicated Business Banking Team is focused on your financial goals.

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Certificate of Deposit (CD’s)

Long and short-term CDs offer higher earnings than a regular savings account. Manage your earnings by combining your choice of time commitment, deposit amount, and either a variable rate, fixed rate, or our popular “Bump” CD. With competitive interest rates, Callaway Bank CD’s is a great way to invest and earn on your extra money. The minimum to open a CD account is $500. Plus, you can always “add on” to increase savings toward your financial needs. Withdrawal limitations and fees may apply depending on your account activity.

Money Market Account

FeatureAdvantage Money Market
Feature
Minimum Balance to Open
Advantage Money Market
$1,000
Feature
Minimum Balance Required Per Statement Cycle
Advantage Money Market
$1,000
Feature
Monthly Fee
Advantage Money Market
No Monthly Fee if minimum balance is met and there are less than 51 deposited items
Feature
Interest Bearing
Advantage Money Market
Contact a personal banker for current rates.
Feature
Interest Compounded and Credited to Your Account Monthly. Fees May Reduce Earnings
Advantage Money Market
Feature
Checks Included
Advantage Money Market
Feature

no

Advantage Money Market

no

Feature
Fees:
Advantage Money Market

no

Feature
51+ deposited items per month
Advantage Money Market
$0.07 each
Feature
Transactions Limitations per month
Advantage Money Market
6 Withdrawals
Feature
7 or more withdrawals per month, monthly fee
Advantage Money Market
$10
Feature
If balance falls below required minimum balance, monthly fee
Advantage Money Market
$10
Feature
Other Fees:
Advantage Money Market

Payment & Merchant Services Solutions

Payment & Merchant Services Solutions Banking with us means you can enjoy options and personalized advice on the best fit for accepting credit cards for payment, terminals, phone/tablet apps, virtual terminals, point-of-sale devices, integration into existing point-of-sale systems, and website integration for YOUR specific business type.

Learn Moreabout Payment & Merchant Services Solutions

The Callaway Bank Rewards Program

Earn rewards with Callaway Bank Rewards!

Learn Moreabout The Callaway Bank Rewards Program

Autobooks

Get paid the easy way – right to your account

Learn Moreabout Autobooks