Business Savings
Give your business a solid foundation.
The right accounts are an asset to your business. And the right banker will work with you to meet your particular business needs with a high level of personal service and the convenience of state-of-the-art technology. Whether you’re a sole proprietor or mid-sized business, a community group, or a non-profit organization, BankCherokee offers checking & savings accounts to help you more efficiently manage your day-to-day cash flow.
Business Money Market
This account offers higher rates while maintaining liquidity.
Benefits
- Rates tiered for higher balances
- 6 free withdrawals per month*
- Monthly Statement
- Check Access Available
Minimum Balance / Requirements
$10,000 daily balance
Monthly Maintenance Charge
None, or $10 per month if balance falls below minimum
Activity Charges
6 free withdrawals per month $10 for each additional withdrawal per month
Business Savings
An excellent, basic savings plan for businesses.
Benefits
- Variable interest rate
- Easy cash access
Minimum Balance / Requirements
$500 daily balance
Monthly Maintenance Charge
None, or $5 per month if balance falls below minimum
Activity Charges
6 free withdrawals per month, 25¢ for each additional withdrawal per month
ICS / CDARS
With ICS and CDARS, you can enjoy the peace of mind that comes with access to multi-million-dollar FDIC insurance and can choose the service or combination of services that best meets your needs for returns and access to funds. Now that’s smart.
