Business Savings, Money Market & CD's
At Bank of Southern California, we offer a full suite of interest-bearing savings accounts to put your money to work for you.
| Business Savings | |
| Our Business Savings account is a safe, secure way to build capital. | |
| Account Benefits: |
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| Minimum Opening Deposit: | $100.00 |
| Monthly Service Fee: | The $5.00 monthly service fee is waived with a minimum daily balance of $500.00. |
| Transaction Limits | Maximum of six withdrawal, checks and transfers per calendar month |
| Business Merchant Account | |
| Our Business Merchant Account provides all-sized businesses with a convenient credit card processing platform to allow you to process popular credit card brands like visa, mastercard, amex and discover | |
| Account Benefits: | Low discount rates, no setup or annual fees |
| Monthly Minimum : | $25.00 |
| Monthly Service Fee: | The $10.00 monthly service fee is waived when you: Process at least $1,000 in credit card transaction volume Visit Visit the following websites for more details here or here. |
| Transaction Limits | Maximum ticket $500 |
| Certificates of Deposit | |
| Our Certificates of Deposit (CDs) may be the best choice for you if you have cash reserves that you do not need to draw on in the near future. CDs require a minimum deposit of $5,000.00, and have maturities ranging from 60 days to 5 years that earn a competitive interest rate. Rates are based on deposit amount and time invested, often with higher rates available for longer terms. | |
| Minimum Opening Balance | $5,000.00 |
| Early Withdrawal Penalty |
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Want To Learn More?
For more information on how Bank of Southern California can help your business with all of its deposit accounts, please contact us or visit one of our locations.
See our Disclosures section to read our deposit account agreements and disclosures.
Equal Housing Lender
