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Business Savings


We believe that a long-term savings strategy is the cornerstone of providing for a financially secure future. As a financial steward to our customers. Mechanics Bank strives to assist our customers in becoming financially "FIT" (Financial Independence Together).


Business Savings

Designed for businesses who want to receive an easy-to-read monthly statement summarizing their account.
  • Minimum opening deposit: $100
  • Minimum balance required to avoid a $5 monthly service charges is $500 (minor and accounts for the benefit of minors are excluded from this requirement)
  • ATM access with your ATM, Debit MasterCard®, Gold Debit MasterCard® card (point-of-sale purchases not allowed)
  • Access to 24 hour/7 days a week automated TeleBanking service
  • Free access online with Basic Business Online Banking
  • Set up automatic transfers to or from your Business Savings account
  • Regulations limit certain transfers and withdrawals to a total of six (6) per month/account statement cycle. Accounts exceeding the transaction limit on multiple occasions may be converted to a more appropriate account type.

Money Market Plus

Designed for businesses who want to earn higher interest rates, maintain full liquidity of their funds and have the ability to write checks for access to their funds.

  • Minimum opening deposit is $2,500
  • Minimum balance required to avoid monthly service charges is $2,500
  • Monthly coin and currency allowance (deposited and/or furnished): $5,000 per month ($1.30 per thousand assessed thereafter)
  • ATM access with your ATM, Debit MasterCard®, Gold Debit MasterCard® card (point-of-sale purchases not allowed)
  • Access to 24 hour/7 days a week automated TeleBanking service
  • Free access online with Basic Business Online Banking
  • Tiered rate schedule
  • A $15.00 per check charge will apply when more than six (6) checks are processed during the month/account statement cycle. Regulations limit certain transfers and withdrawals to a total of six (6) per month/account statement cycle. Accounts exceeding the transaction limit on multiple occasions may be converted to a more appropriate account type.

For more information about these business services, please visit one of our offices or contact us at 800-797-6324.

Current Rates