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Business Statement Savings

Build up savings for your business 

(Business entity must be owned and operated within Pennsylvania or New Jersey)

If you’re looking for a way to separate your company’s operating money from the other funds used by your business, our Business Statement Savings account is an easy to use traditional savings account with low minimum balance requirement. Plus, your money is available when you need it.

  • $1.00 minimum balance required to open
  • No minimum balance required to earn the stated interest
  • No monthly maintenance service charge

Account Features

  • FREE access to Online Banking1
  • FREE access to Mobile Banking with Mobile Deposit2,3
  • Overdraft protection for checking
  • Download transactions at no charge to Quicken, Quick Books or MS Money3,4
  • American Bank Visa® Business Debit Card5 access when account is listed as a secondary account

1 Internet service provider charges apply
2 Mobile device and usage charges may assessed by your carrier
3 Online Banking required
4 Software purchase required 
5 Overdraft Item fees may apply

Note: Bill pay and check writing are not available for this account. Debit card access permitted when account is listed as a secondary account 

Business Statement SavingsAnnual Percentage Yields (APY) current as of November 28, 2022
Tiers Interest Rate APY
All Balances 0.10% 0.10%
  • Interest is compounded daily & earned on the daily balance 
  • $1.00 minimum balance required to open 
  • No minimum balance required to earn the stated interest
  • No monthly maintenance service charge
  • This is a variable rate account. The interest rate and APY may change after account opening
  • Fees may reduce the earnings on the account
  • Rates are subject to change at any time without notice

How to Apply

If you’re interested in applying for a business deposit account, you can visit our location at 4029 West Tilghman Street, Allentown, PA during business hours or contact us.