BankMidsouth.com

Business Savings

Business Savings

As your business grows, so do your needs. Start saving for tomorrow’s expenses, today. No matter the size of your business, saving is always in your company’s best interest. Whatever the future demands of your business—working capital, new equipment, tax payments—MidSouth has the savings solutions to ensure you have what you need.

Business Regular Savings

  • Initial deposit to open is $100
  • Minimum daily balance to avoid service charge is $100
  • Service charge if ledger balance drops below $100 during statement cycle is $6
  • FREE Online Banking 
  • FREE 24-Hour Telephone Banking

*Federal banking regulations limit you to six pre-authorized, telephone or online transfers per month. This includes checks, drafts, or similar orders you make payable to a third party. Excessive withdrawal fees may apply per withdrawal/debit after 6 per calendar month. See fee schedule.

Business Super Money Market

When you want to earn interest, but need your savings to be accessible, Super Money Market is an excellent option.*

  • Initial deposit to open account is $2,500
  • Minimum daily balance to avoid service charge is $2,500.
  • Service charge if daily ledger balance drops below $2,500 during statement cycle is $10
  • See Interest Rate Information for current rates 
  • FREE Online Banking 
  • FREE 24-Hour Telephone Banking

*Up to six transfers/withdrawals per monthly statement cycle. May be any combination of transfers, preauthorized transfers, telephonic transfers, withdrawals, checks, drafts or ATM/check card transactions. Excessive withdrawal fees apply.

Business Liquid CD

A savings product designed with the flexibility every business needs. 

  • Initial deposit to open is $2,500
  • One withdrawal per quarter permitted
  • Additional deposits of at least $500 allowed
  • $25 fee for excess withdrawals after first one allowed
  • Minimum balance of $2,500 required to earn interest
  • See Interest Rate Information for current rates.
  • Interest rate is variable and may change at anytime, at our discretion.
  • FREE Online Banking 
  • FREE 24-Hour Telephone Banking

Business CD

Higher interest rates and various terms will help your business reach its savings goal faster.

  • $500 to open account
  • Terms range from 3 to 60 months*

*Penalty may be imposed for early withdrawal.