Putting Your Money To Work For You

Business Savings, Money Markets & CD's - Putting Your Money To Work For You

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:
  • Must maintain minimum balance of $500.00 to earn interest
  • Excess funds from Business Checking account can be automatically swept into the Business Savings to maximize earnings
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 Money Market
Our Business Money Market provides all-sized businesses with a convenient investment account, providing immediate access to your money and check-writing capabilities while allowing you to earn interest on your balances.
Account Benefits: Earn tiered interest rates based on balances
Minimum Opening Deposit: $5,000.00
Monthly Service Fee: The $10.00 monthly service fee is waived when you:
Maintain a minimum daily balance of $5,000.00
-or-
Maintain an average monthly balance of $10,000.00
Transaction Limits Maximum of six withdrawal, checks and transfers per calendar month
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
  • 60 days to 364 days – equal to 30 days interest on the amount withdrawn whether or not interest has accrued.
  • 12 months to 35 months – equal to 90 days interest on the amount withdrawn whether or not interest has accrued.
  • 36 months or greater – equal to 180 days interest on the amount withdrawn whether or not interest has accrued.

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.


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