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  deposit institution is backed by the full faith and credit of the US government.

Savings

Savings Account Options

At First Dakota, we're not just another bank you can store funds with. We're an established business partner, helping you reach your business goals, prepare for seasonal fluctuations, and have the money to spend in case an emergency arises. 

We know what it takes to start a business or manage an established enterprise. That's why our savings account options are designed with you, the business owner, in mind. Our team is here to help you make the most of your money, allowing you to grow your capital and have extra funds on hand to cover random expenses. 

Contact our bankers today if you’re ready to open a business savings account with us. Our friendly and experienced team will walk you through the various options and help you select the service that best suits your needs. 

Business FirstChoice Money Market offers a tiered rate increase as your balance increases. Essentially, the more you save, the more you earn.

Benefits:

  • Interest will not accrue if the 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.

Certificate of Deposits (CDs) are a safe, stable savings option. This account lets you earn interest for your business at a rate that works for you. 

Benefits:

  • Flexible choices
  • 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, determination, and joy that come from all the trials and triumphs of owning a business. Our banking team works diligently to ensure our services fit your unique needs. Whether you need a loan, fraud prevention, or want to open a checking account, we're here to help.

Contact Us