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.
Click here to view Business Deposit Rates.
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
- Up to six third-party transfers per statement cycle
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.