Business Savings Accounts

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In today’s competitive marketplace, you need a financial partner that understands your unique needs. The business banking specialists at BOS analyze your business savings needs and work with you to determine the best mix of products and services for your business.

BOS Makes It Accurate and Accessible

Coin & Currency Orders

This service enables your company to send or receive currency shipments, improve cash flow management, eliminate labor-intensive coin and currency counting, and reduce the risk of loss; by restricting employee handling of cash.

Night Deposit

Night deposit is a safe and secure way to make deposits after hours, and is an ideal service for business owners who don’t want to keep a large amount of cash at the business.

Safety Deposit Boxes

With a BOS safe deposit box, you can protect important documents and valuables that would be difficult or impossible to replace.

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Which Savings Account is Right for Your Business?

Business Savings

A flexible way to grow funds and manage cash flow; our savings accounts offer competitive rates, allow easy access to funds.

Business Money Market

For investors, business money market accounts offer a safe and secure interest-bearing savings option. In addition, they provide ready access to cash for unforeseen expenses or seasonal cash flow needs. Certain restrictions apply.

Corporate Sweep Accounts

Manage your monthly cash flow and minimize service charges by utilizing a corporate sweep account from BOS. Choose a target balance and let the account automatically sweep idle collected balances from your business checking account to a sweep option, where you can earn interest and pay down lines of credit.

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NOTICE OF ERROR RESOLUTION PROCEDURES

You may have certain rights under Federal Law related to resolving loan servicing errors and requesting information about your account. You may learn more about these rights by contacting BOS at 877-698-3278. A written notice of potential loan servicing errors must be asserted to Bank of Springfield, P.O. Box 19301, Springfield, IL 62794-9301. The written notice is required to include the name of the borrower, account number, and description of the error believed to have occurred.

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