Prepare for Future Expense

Whether you're planning ahead or preparing for the unexpected, a business savings account can help your business stay ready for what's next.

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Create a Financial Safety Net

A dedicated business savings account can help you prepare for seasonal changes, unexpected expenses, future purchases, and long-term goals while keeping funds accessible when your business needs them.

Statement Savings

A simple savings option that helps your business separate operating funds from money set aside for future needs, seasonal changes, or unexpected expenses.

Best for

Businesses that want a straightforward place to build reserves while keeping funds accessible.

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Businesses that keep higher savings balances and want those funds to earn interest.

Advantage Interest Savings

A savings option designed for businesses that want to earn interest while maintaining access to funds for future needs or larger cash balances.

Best for

Businesses that keep higher savings balances and want those funds to earn interest.

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Overdraft Protection Savings

A savings account that can help provide backup support for eligible business checking activity when overdraft protection is connected.

Best for

Businesses that want an added layer of support for managing occasional cash flow gaps.

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Start Building Business Savings

Whether you're creating an emergency reserve, setting aside funds for future purchases, or planning for growth, our team can help you choose the right savings option for your business.

Share Your Goals

Tell us how your business plans to use savings and what you're working toward financially.
Choose the Right Account

We'll help you compare available savings options and determine which one fits your needs.
Start Saving

Open your account, fund it, and begin building reserves for future opportunities and unexpected expenses.

Business Savings FAQs

Setting aside business funds can help you prepare for future opportunities and unexpected expenses. These answers can help you better understand your options.

How much should my business keep in savings?

Every business is different. The right amount depends on your industry, operating expenses, goals, cash flow needs, and overall financial situation.

Why should my business have a separate savings account?

A dedicated savings account can help keep reserve funds separate from daily operating money, making it easier to plan and manage cash flow.

Can I access money in my savings account when needed?

Yes. Business savings accounts are designed to provide access to funds, though certain account terms or transaction limitations may apply.

How do I choose the right savings account?

A Somerset Trust business banker can help you compare options and determine which account best fits your savings goals and banking needs.