Business Savings
Business Savings Account Types
BUSINESS SAVINGS |
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Best account for |
A savings account with all the conveniences, such as ATM access, online alerts, and online transfers. |
Balance requirement fee |
$5.00 The fee is waived each statement cycle if ONE of the conditions is met:
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Interest-bearing account |
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Minimum opening deposit |
$100.00 |
Free direct deposit |
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Free ATM withdrawals at over 55,000 Allpoint Network and Citibank Branch ATM locations |
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Online banking with mobile app and account alerts2 |
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Zelle3 |
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1Qualifying accounts include: Business Basic Checking, Business Solutions Checking, Business Executive Checking, Business Savings, and Business Certificates of Deposit. Excludes any promotional products.
Promotional products are account types with an Annual Percentage Yield (APY) higher than the Bank's Business Posted Rates, will require a minimum balance to earn the APY, a minimum opening deposit, the interest rate may change after the opening of the account, and the promotion is offered for a limited time.
2Must enroll in Business Online Banking. Certain restrictions and other limitations may apply. Please contact your local branch for more details.
3Enrollment in Zelle with a U.S. checking or savings account is required to use the service. Universal Bank customers must use an eligible Universal Bank consumer checking account, which may have its own account fees. Consult your account agreement. To send money to or receive money from a small business, both parties must be enrolled with Zelle directly through their financial institution's online or mobile app experience. Funds are typically made available in minutes when the recipient's email address or U.S. mobile number is already enrolled with Zelle (go to enroll.zellepay.com to view participating banks). Select transactions could take up to three (3) business days. Enroll on the Universal Bank mobile app. Limitations may apply. Message and data rates may apply.
Only send money to people and businesses you trust. Neither Universal Bank nor Zelle offers a protection program for any authorized payments made with Zelle, or provide coverage for non-received, damaged, or not-as-described goods and services you purchase using Zelle, so you might not be able to get your money back once you send it.
Zelle and the Zelle related marks are wholly owned by Early Warning Services, LLC and are used herein under license.