As a business owner, you know how important it is to keep operating reserves organized. A commercial savings-style account with Rivercrests can help you set money aside for planned expenses. Features, rates (if any), and eligibility are shown during application.
Specifically designed for businesses seeking to build substantial cash reserves, this account ensures your funds remain readily accessible while earning competitive interest rates. Features flexible access options and tiered interest rates that reward higher balance maintenance, making it ideal for emergency funds, tax reserves, and future investment capital.
This premium savings solution rewards businesses that maintain substantial account balances with enhanced interest rates and exclusive benefits. Combines the liquidity of a savings account with the earning potential typically associated with larger deposits, featuring tiered rate structures and limited monthly transaction privileges for optimal cash management.
If you are looking to maximize money and grow you business’ cash reserve, CDs are available for various terms at competitive rates.
Address escalating healthcare costs with our Business Health Savings Account solution. These tax-advantaged accounts are designed specifically for businesses offering qualifying high-deductible health plans to their employees, providing substantial tax benefits for both employers and employees. HSA contributions made by employers or employees are excluded from taxable income and grow tax-free.
HSA earnings accumulate tax-deferred and withdrawals remain tax-free when used for qualified medical expenses. Unused HSA funds may be preserved for retirement planning after age 65, though non-medical withdrawals before this age incur a 20% penalty plus applicable income taxes. These accounts offer flexibility as a valuable employee benefit and long-term financial planning tool.
