BAC Business Savings

A tiered interest bearing account that gives businesses the ability to earn a competitive interest rate on their cash reserves.

 
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Features

Details and Benefits

  • Interest bearing compounded daily and credited to the account each month on the statement date.
  • Online statements.
  • Limit of six (6) permissible monthly number of transfers or withdrawals from savings deposits by check, debit card or other drafts to third parties.
  • Unlimited deposits and withdrawals if made in person at BAC Florida Bank branch.

Fees

  • No monthly fee if you:
    • Have a $10,000 daily minimum balance or;
    • Have a $10,000 average monthly balance or;
    • Maintain $50,000 in related deposits
  • Otherwise, you can enjoy the benefits of this account for a $50 monthly fee.


Other Products and Services

Business Checking

Time Deposits

Money Market

Investment Products *

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Helpful Information

Back to Business Home Page

Online Services

Combine Balances and avoid monthly fees

DISCLOSURE

IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT - To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents.