business savings
Take your businesses’ financial goals to the next level with a Trustar Bank interest bearing account. Whether you need your commercial funds to remain liquid or have a funding surplus in need of additional FDIC insurance coverage, Trustar Bank has the solution. Contact us today to speak with one of our experienced team members. Trustar Bank, a team of experts you can bank on.
Click on a product below to learn more.
Trustar Business Money Market
A higher interest yielding account for businesses looking to build savings over time.
· Minimum Opening Balance $2,500.00
· Average Daily Minimum $2,500.00
· Monthly Maintenance fee $20.00, if balance falls below $2,500.00*
· Multi-tier Interest – interest accrues daily and it credited monthly*
*Please contact us for our most recent rate sheet.
Trustar Business Savings
A business savings account with easy access to your money and competitive interest rates.
· Minimum Opening Balance $1,000.00
· Average Daily Minimum $1,000.00
· Monthly Maintenance fee $20.00, if balance falls below $1,000.00
· One Tier Interest – interest accrues daily and is credited monthly*
*Please contact us for our most recent rate sheet.
Insured Cash Sweeps (ICS)
Leverage the partnership of over 3,000 other financial institutions, maximizing your FDIC coverage while still giving you the convenience of working with Trustar. ICS is a great vehicle for consolidating multiple accounts into one, multi-million dollar interest-bearing account with full FDIC insurance (through third party).
· Daily Liquidity
· Earn Interest
Trustar Bank is part of the IntraFi’s network of banks. When you place deposits with Trustar Bank we can use this network to place deposits at other banks that participate within the network making the deposit eligible for FDIC insurance. The deposit is divided into amounts under the standard FDIC insurance maximum of $250,000. As a result you can access coverage from many institutions while working directly with Trustar Bank. Learn more about the FDIC insurance coverage at FDIC.gov
Certificate of Deposit Registry Service (CDARS)
A multi-million CD with FDIC insurance (through third party).
· Varity of Terms
· Interest Rate
Trustar Bank is part of the IntraFi’s network of banks. When you place deposits with Trustar Bank we can use this network to place deposits at other banks that participate within the network making the deposit eligible for FDIC insurance. The deposit is divided into amounts under the standard FDIC insurance maximum of $250,000. As a result you can access coverage from many institutions while working directly with Trustar Bank. Learn more about the FDIC insurance coverage at FDIC.gov
• Free Online and Mobile Banking
• Free Bill Pay
• Free Debit Card
• Free Online Statements
• Remote Deposit Capture
• Waived ATM Fees*
For more information about our business savings products and current rates, please contact us at (703) 547-4700.