Business Savings Accounts

Strengthen Your Foundation.

When it comes to your business, the bottom line is you need flexibility. Opportunities arise and you want to capitalize on them. Navigating an ever-changing world also requires planning for the unexpected. Leverage Florence Bank's Business Savings Accounts to help your company prepare for a brighter future.

Statement Savings
Focus on getting the job done with a simple savings account to stash extra cash. Maintain a low minimum balance while you save steadily for small purchases or emergency expenses. And you can access your money anytime, giving you the peace of mind that you need.

  • Earns interest
  • $10 minimum opening deposit
  • No closeout penalty

Business Money Market
Get the ideal blend of growth and liquidity to address any business expenses or create a financial cushion. The larger your balance, the more interest you'll earn with our tiered interest rates.

  • Minimum deposit of $1,000 to open (maintain a $1,000 balance to avoid a monthly service charge)
  • Unlimited withdrawals in person or with a Florence Bank Debit Card

Business Certificate of Deposit (CD)
If your business has extra cash you don't need to access for a while, make it grow at competitive interest rates with a Business CD. Choose from various terms and maximize your savings with fixed returns as your CD matures.

  • Minimum deposit of $500 to open
  • Terms available from three months to five years
  • Interest rate is guaranteed for the duration of the term
  • No monthly service charges

Florence Bank is a full-service bank with branches conveniently located throughout Western Massachusetts.
Business Checking Accounts

A Bank That's Also Your Customer.

Business Checking Accounts and Online Banking Services from a Bank you can trust.

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