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Business Saving Accounts at Bank of Old Monroe

Planning with long-term goals in mind can make a big difference when it comes to your business.

At Bank of Old Monroe, we’re pleased to provide a variety of options for business savings accounts that meet our customers’ needs no matter if they are just starting out or have been operating a business for several years.

All accounts include the following standard benefits: Online + Mobile Banking with Bill Pay, Mobile Deposit, Cavion Voice Banking and other must-have features. Message and data rates may apply from your wireless carrier.

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Business Savings

Look to the future of your business, your employees, and growth potential with business savings you can rely on time and time again. ​Make saving easy for your business with a Bank of Old Monroe savings account.*

*A minimum of $100 is required to open. A monthly service charge of $3 will be assessed if the balance falls below $100. Preauthorized transfers or withdrawals are limited to 6 per statement period. A withdrawal charge of $2 will be assessed for each debit transaction in excess of 6 per month.

Certificate of Deposit

If you have a business with seasonality and need to keep some cash reserves, why not use that time to your advantage and grow your savings? A certificate of deposit (CD) is the perfect account to allow long-term savings for your business while earning a higher rate of interest.

The Bank of Old Monroe offers CD terms ranging from 91 days to 60 months.*

**The minimum balance to open a CD is $1,000

Contact a personal banker today to discuss CD options for your business.

Identification Required to Open an Account

To open a business checking account, visit one of our 5 branch locations in Old Monroe, Moscow Mills, Wentzville, O’Fallon or Troy.
Required documents to open a business account are dependent upon the business structure (i.e. LLC, corporation, partnership etc.)

Please contact your branch location for details.

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We Offer Both Personal and Business Banking Apps!

We know you have a busy lifestyle where making it into a local branch to do your banking is sometimes impossible. Oversee your finances on the go with our personal and business Bank of Old Monroe apps! Manage your accounts, check your account balances, or pay your bills with the personal banking app. Monitor your transactions, transfer money, mobile deposit, and approve ACH and wire transfers through the business banking app. It’s never been easier to perform banking actions – head over to our Mobile Apps page to learn more and download!

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