Savings Account Comparison

Compare Business Savings Accounts

Our savings accounts are designed to help you manage your individual savings goals... which one is right for you?

 Statement Savings 
Reality Business Savings
Ideal for Businesses Looking For:Competitive rates on everyday savings account balances
Tiered rates for higher account balances
Minimum Balance to Open: $50 $50
Monthly Maintenance Fee: $4

$10

Account Requirements: $200 Minimum daily balance Linked to an active FirstMerit Business Checking Account with a minimum of five transactions per calendar month
Earns Interest: Yes Yes
Interest Posts: MonthlyMonthly
Statements: Monthly Monthly
Monthly Limit for Free Cash Deposits:$5,000$5,000
Fee per $100 Cash Deposited over Monthly Limit:$0.30$0.30
Next Step:Learn More »Learn More »

 



Please note: Federal regulations restrict you to six pre-authorized electronic or Online Banking transfers per cycle. The law allows unlimited withdrawals at our teller counters and ATMs. A charge will be assessed for each pre-authorized transfer, exceeding six, per statement cycle.