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.
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.
| Feature | Advantage 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 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 SolutionsEarn rewards with Callaway Bank Rewards!
Learn Moreabout The Callaway Bank Rewards Program