Savings

Savings Account Options

Contact our bankers if you’re ready to open a business savings or checking account with us.

Choose from our various savings accounts. Read about each savings option by selecting the service of interest to you.

Ready to start your own business? Perfect for budding entrepreneurs, this account has a low minimum balance and a low deposit required to open.

  • Minimum balance of $100.00, and open an account with $100.00 or more for deposit.
  • Interest is compounded and credited quarterly and a quarterly statement is issued (monthly if electronic activity). Check current interest rates.

Fees:

  • $3.00 monthly service charge if daily balance falls below $100.00.
  • A $2.00 service charge for each withdrawal over 6 per calendar month.

Earn more for your business, with a lower minimum balance. Money Market offers a tiered rate increase as your balance increases. Enjoy unlimited cash withdrawals.

  • A $100.00 deposit minimum is required to open. If opening balance is below the minimum balance required, a service charge will occur.
  • Interest is compounded and credited monthly, and a monthly imaged statement is issued. Check current interest rates.

Fees:

  • A $2.00 service charge for each withdrawal over 6 per calendar month.

The more your business saves, the more you earn. Business FirstChoice Money Market offers a tiered rate increase as your balance increases.

  • A $100.00 deposit minimum is required to open. Interest will not accrue if balance falls below $10,000.00.
  • Interest is compounded and credited monthly, and a monthly imaged statement is issued. Check current interest rates.

Fees:

  • A $2.00 service charge for each withdrawal over 6 per calendar month.

Earn interest for your business with competitive rates. Certificate of Deposit (CDs) are a safe, stable savings option.

  • Flexible choices and competitive rates.
  • Choose your own term.

Conditions:

  • $1,000 minimum deposit is required to open a CD.

Let's Get To Business

At First Dakota, we care for your business like it's our own. We understand the hard work, worry, and joy that comes from all the trials and triumphs of owning a business. Our business banking team works diligently to ensure our services are fitting your unique needs. Whether you need a loan, checking, or fraud prevention, we're here to help.

Contact Us