Business Savings
Does your business have excess cash? Help your money work smarter by investing it in a QNB savings account. We offer a variety of savings account options to meet your business needs.
Business Statement Savings
A practical way to save for those who want more convenient access to their accounts.
Earns Statement Savings Rate
Avoid $2 monthly fee by maintaining a $100 minimum balance requirement
Business Statement Savings-to-Checking Overdraft Protection with ACCOUNT COVERAGE (Overdraft Transfer Agreement required)
Unlimited ATM and in-person withdrawals available through business checking product/QNB Business Debit Card
Quarterly statement (Customers receive a monthly statement for any month containing an Electronic Funds Transfer)
Business Select Money Market Account
Our entry-level business Money Market account provides a higher yield on your savings with unlimited transaction limits including check writing.
Earns interest with tiered balance structure:
- Tier 5: $75,000 or more
- Tier 4: $50,000 to $74,999.99
- Tier 3: $25,000 to $49,999.99
- Tier 2: $10,000 to $24,999.99
- Tier 1: Up to $9,999.99
Unlimited transfers and check writing privileges
Avoid $10 monthly fee by maintaining a $1,500 average daily balance requirement
Unlimited ATM and in-person withdrawals available through business checking product/QNB Business Debit Card
Deposited item ($0.15 per check deposited or deposit ticket) charges apply (applies unless a minimum $50,000 average daily balance is maintained)
Business High Yield Money Market Account
Our highest yielding tiered balance structure Money Market. The account is designed for businesses who consistently maintain the highest of balances, providing limited transaction access1 to your funds, but not as flexible as our Business Select Money Market account.
Earns interest with tiered balance structure:
- Tier 8: $2,500,000 or more
- Tier 7: $1,500,000 to $2,499,999.99
- Tier 6: $1,000,000 to $1,499,999.99
- Tier 5: $750,000 to $999,999.99
- Tier 4: $500,000 to $749,999.99
- Tier 3: $250,000 to $499,999.99
- Tier 2: $100,000 to $249,999.99
- Tier 1: Up to $99,999.99
Avoid $25 monthly fee by maintaining a $100,000 minimum daily balance requirement
Limited transaction access1
High Yield Money Market-to-Checking Overdraft Protection1 with ACCOUNT COVERAGE (Overdraft Transfer Agreement required)
Debit Card access1 available through business checking account/QNB Debit Card
Growth Certificates of Deposit
A minimum of $500 needed to open
Compound interest
Terms of 3 months to 60 months available
Penalty fees for early withdrawal
Business Flex12 Certificate of Deposit
A minimum of $250 needed to open
One penalty-free withdrawal during 12-month term (restrictions apply)
Make unlimited deposits of $10 or more
Available for jumbo accounts
Escrow
Escrow accounts are available for realtors, attorneys, or any business that holds the money of others to meet their obligations. If your business deals regularly with escrow accounts, ask a QNB Bank representative for details.
- Transfers to another account or to third parties by preauthorized, electronic, or telephone or by check, draft, point of sale, or similar order third parties, are limited to six per calendar month. An "Excess transaction fee" will be assessed on each transaction that exceeds these limits.
