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Business Savings

Benefits with every Paragon Bank business savings & money market account:

  • Interest-bearing
  • Real-time Online Banking with Bill Pay
  • Business Mobile Banking for smartphones and tablets
  • eStatements
  • Business Mobile check deposits

Choose the savings account that best fits your business.

Paragon Business Savings

The perfect savings account for many businesses, Business Savings has a low monthly service charge, low minimum balance requirements and allows up to six free monthly withdrawals.

Paragon Business Money Market

Our Business Money Market account pays higher interest rates in a tiered format based on balance. Yet it requires a low minimum balance to avoid service charges, and you can take up to six free pre-authorized withdrawals.

Business Savings Account FeaturesParagon Business SavingsParagon Business Money Market
Minimum Opening Deposit Requirement$100$100
Minimum Balance to Avoid Monthly Service Charge$100$1,000 or $5,000 combined total deposit relationship
Monthly Service Charge$4$12
Interest BearingTiered interest rate
Withdrawals/Outgoing Transfers
(6 per month)
Additional Withdrawals*
Free Online Banking
Free Telephone Banking

 

*Additional withdrawals $2 each