Business Savings
Grow your money and receive a variable rate of interest with a Business Savings account. Open with as little as $100, and the $5 low monthly fee can be waived if you maintain a minimum daily balance of $500 or more.[1]
Check rates
What you get with a Business Savings account
$0 monthly fee with a $500 minimum daily balance
More about waiving the monthly fee
OR
$5 monthly fee if the minimum daily balance requirements aren't met
Interest compounded daily
No charge for the first three withdrawals or transfers per month.[2]
Can be linked to a Regions Business Checking account for overdraft protection[3]
How to waive the monthly fee
The $5 monthly fee can be waived by maintaining a $500 minimum daily balance.
The minimum daily balance is the ending posted balance that must be maintained in the account each day of the statement period.
The ending balance for any day is the opening balance for the next day.
More account details
-
Monthly fees
- $0 if you have a $500 minimum daily balance[1]
- $5
Please refer to the Pricing Schedule for more details about the account and other fees.
Minimum opening deposit
$100
Cash deposit fee
N/A
Items deposited
N/A
Excessive withdrawal fee
$3 per withdrawal or transfer in excess of three per month.[2]
Statement options
Monthly statements with electronic debit activity or online transfers. Otherwise, you will receive quarterly statements.
-
Interest is compounded daily, paid monthly on collected balances. Check rates
-
Can be used as overdraft protection[3] for your Regions business checking account. Please refer to the Pricing Schedule for more information.
-
30% discount on one safe deposit box rental with an additional 10% discount if payment is set up for auto debit from a Regions account. Subject to availability - not available at all branches.
Option to enroll in Online Banking Business Services to pay bills, transfer funds and more.[4]
Security of FDIC Insurance coverage up to the maximum amount permitted by law.
-
Contact a banker or make an appointment at a nearby branch to open a Business Savings Account.
Link your savings account to a Regions business checking account
Find the right business checking account to fit your company’s needs and link it to your savings account for overdraft protection.
