Business Savings & CDs

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BANK ACCOUNTS

Savings options that work for your business

Whether you're saving for an important business enhancement or other company need, we have a business savings account to help you achieve your goals.

Select Business Savings¹

No monthly service charge when maintaining a monthly balance of $500

Tiered interest - the higher your balance the more interest you earn

Use Online Banking to transfer money between your savings account and your Old National Bank checking account

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Business Market Monitor^1,2,3

Tiered interest rates, higher rates for higher balances

Up to 6 checks or transfers per month

Includes up to $25,000 in cash and currency deposited each month at no cost

Unlimited teller withdrawals

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Certificate of Deposit⁴

Guaranteed interest rate

Short-term or long-term options

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Items to open a business account

To expedite the process when you open a business account or apply for a business loan, there is information you can gather beforehand. Here's a helpful checklist, including links to our Personal Financial Statement (PFS) form.

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Notices & Disclosures

All accounts have a minimum opening deposit of $50. If account is closed within 180 days of open date, a $25 fee will be assessed.

Federal law limits savings accounts to no more than six (6) pre-authorized automatic transfers and/or withdrawals or telephone (including data transmission) agreements during any one (1) calendar month or statement cycle of at least four weeks.
A $10 excess transfer fee will be applied to each pre-authorized transfer over the allowed 6 per month.
Cash and currency deposited fee is $.15 per $100 over product threshold.
Advertised APYs (Annual Percentage Yield) are accurate as of February 23, 2016, require a deposit, are subject to change, and assume money stays on deposit until CD maturity date. A penalty may be imposed for early withdrawal, which may reduce earnings. Maximum deposit per household is $500,000. Public funds, institutional funds and brokered CDs are ineligible for advertised APYs.