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Basic business savings account

Start saving with online access to funds and no monthly maintenance fee as long as you maintain a $500 minimum daily balance 1.

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Basic business savings account

  • Save money and watch it grow by earning interest on your account balance 1.
  • $500 minimum daily balance 1. 
  • Transfer funds to your U.S. Bank checking account by phone or online.
  • Receive your business checking and savings accounts in one combined monthly statement.

Open a Basic business savings account

Have these documents ready:

Your business’s Employer Identification Number (EIN) or tax ID number (Sole proprietors can use the owner’s Social Security number)

Articles of Incorporation, Articles of Organization, or a charter or a similar legal document that indicates when your company was formed (not required for sole proprietors)

Government-issued photo ID and Social Security number for you and anyone else authorized to sign checks or make transactions on behalf of your organization

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Disclosures

Deposit products are offered by U.S. Bank National Association. Member FDIC.

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  1. The daily balance is the balance at the end of each business day, equal to the beginning balance for that day plus the current business day credits, minus the current business day debits. Business days are Monday through Friday; federal holidays are not included. For additional information call 855-955-2760 or visit your local branch for a copy of Business Pricing Disclosure or visit https://www.usbank.com/dam/documents/pdf/Deposit-Account-Agreement.pdf to view Your Deposit Account Agreement (YDAA).