Business Savings Accounts

Our Savings Accounts

Put money away, earn interest and access funds at any time with our Savings and Money Market account options.
Compare our savings accounts below.


Accumulate interest faster than a regular savings account with a Business Money Market account.

MONTHLY MAINTENANCE FEE

$20
  • Waive the monthly maintenance fee when balance requirements are met¹
  • Gives you a higher interest rate as your savings grow
  • Unlimited transactions 
Safely set your money aside while having your funds readily available with a Business Savings account.

MONTHLY MAINTENANCE FEE

$5
  • Waive the monthly maintenance fee with an average daily balance of $1,000 or more¹
  • Lowest balance requirements and fees
  • Unlimited transactions

Why City National?

Tiered Interest Rates

With tiered interest rates, the more you deposit into your account, the higher interest rates you can earn. Contact us for the latest rates. 

Easy Access to Funds

Access your money with unlimited withdrawals or transfers.

 

Online & Mobile Banking

Manage your accounts online and through the City National Bank App.§

 

FDIC Insurance

All of our business savings and money market accounts are insured up to the maximum amount allowed by the FDIC.


FAQs

To open a business savings account, visit a local City National branch and speak with a Relationship Manager, or call us at (800) 773-7100.

To open a business checking account, you will need your business name, address, Tax ID number, the date and state of formation, annual revenue, business activities, source of funds and purpose of the account, supporting legal documents, and identifying information for all beneficial owner(s).2

Yes, you can manage your business savings and money market accounts online through City National Online, Business Essentials or Business Suite depending on the size and complexity of your business.

City National offers savings and money market accounts for partnerships, limited liability companies (LLCs), joint ventures, limited liability partnerships (LLPs), public agencies, property management companies, nonprofits, and foreign entities.



§City National Bank App requires that you download the City National Bank App and is only available for select mobile devices. Requires setup in City National Online®; and if applicable, setup of any related business services accessed via City National Online. Message and data rates may apply.

*For more information about available benefits, see the City National Visa Business Debit Card Guide to Benefits

1. Please refer to City National’s Account Agreement and Disclosures and Applicable Fee Schedule for details.

2. Beneficial owner is individual with over 25% ownership interest and a control individual.

Visa is a registered trademark owned by Visa International Service Association and is used under license.