Business Services: Savings

Savings/CDs/Money Market

Put your excess cash to work with our FDIC-insured Business Savings accounts or lock in a good rate for up to five years with our very competitive certificates of deposit. For assistance or to learn more, please contact a Client Service Representative at 617-243-4400. For your convenience, you may also open or change an account online 24/7 using our Online Concierge. See the links below.

Type of Account What’s In It For You Account Requirements

Plus Business Savings

Convenient access to funds and a competitive interest rate

Open Account

  • One interest rate regardless of balance
  • Can be used as savings overdraft protection for a low transaction fee
  • No monthly maintenance fee

Premiere Business Savings

A companion account for our Premiere Business Checking clients

Open Account

  • One interest rate regardless of balance
  • Can be used as savings overdraft protection for a lower transaction fee
  • No monthly maintenance fee with combined relationship balance of $10,000 or greater; $10/month otherwise

Business CDs

Open Account

  • Competitive terms and rates
 

 

Money Market Savings

Earn maximum interest on your money with First Commons Bank Money Market Savings accounts. Get the convenience of free check writing or link your business checking account to a Money Market Savings Account to get the convenience of automatic transfers between accounts. For assistance or to learn more, please contact a Client Service Representative at 617-243-4400. For your convenience, you may also open or change an account online 24/7 using our Online Concierge. See the links below.

Type of Account What’s In It For You Account Requirements

Platinum Business Money Market

Convenient access to funds with a competitive interest rate and limited check writing ability

Open Account

 

  • Rates are based on a tiered rate system
  • Free checks
  • Must have a minimum balance of $2,500 to earn interest
  • No monthly maintenance fee with combined relationship balance of $25,000 or greater; $25/month otherwise

 

 

Online Concierge