Business Savings
Choice Business Savings from Mechanics Cooperative Bank offers liquid products to keep your deposits on call if you need them and long term fixed rate savings options that help you plan for the long run. All options are accompanied by competitive rates so you choose the best option for your business and get the most from your deposits.
Our Business Money Market Account pays higher rates than traditional savings and checking accounts. Take advantage to get the most from your business deposits.
- No monthly fee when $500 is on deposit
- $100 or more earns you interest
- Free ATM card
- 6 Limited Check/POS Transactions allowed per month
Enjoy extremely competitive rates and quality customer service when you choose a CD product from Mechanics Cooperative Bank.
- Minimum deposit to open is $500
- Minimum to earn interest is $500
We can also support your business needs to process customer MasterCard, Visa, Discover and American Express credit card transactions. Keep more profit in your pocket! With card use continually on the rise, we can make sure you are getting the best program for your specific business needs.
“Sweeps” Overdraft Protection is available for all checking accounts! A “sweep” allows you to use an existing savings account (with available funds) to cover overdrafts from your checking account. Please ask any Mechanics Cooperative Bank representative for details! Additional information can be found in our account agreement and fee schedule.
