We excel at working with entrepreneurs, small- to medium-sized businesses and family-owned businesses that need a convenient, flexible partner to grow along with them.
State Bank of Downs Advantage
Finding the right banking partner can make or break a business, and the State Bank of Downs is keenly aware that our business clients need the right bank team, technology, and deposit and loan products to give them a competitive advantage. That starts with the State Bank of Downs team creating the right product mix for your business. Whatever your need, you’ve got the State Bank of Downs Advantage you can rely on.
Our business checking offers every convenience with personalized focus on your business demands. Our platform is highly secure and allows you to manage your money, deposit checks, pay bills, and check on your balance – all from whatever device is most convenient for you.
*$25 minimum opening deposit, minimum balance to avoid a service charge is $500
Many of our business customers want the reliable returns and daily access a money market account offers. These accounts earn interest with limited transactions per month.
*$25 minimum opening deposit, interest is compounded monthly, interest is paid monthly, minimum balance to avoid a service charge is $2,000.00
State Bank of Downs' business savings accounts offer a flexible, easy-to-use option that can help your business grow. So, whether your company needs quick access to excess funds or you're saving for new equipment, our focus is on helping you meet your needs.
*$25 minimum opening deposit, Interest is compounded quarterly, interest is paid quarterly, minimum balance to avoid a service charge is $25
State Bank of Downs' CDs are an ideal tool for businesses looking for an easy, stress-free way grow their money. We offer competitive rate CDs aimed at helping you grow savings for future needs. Our CDs are as flexible as you need them to be.
*$500 minimum opening deposit, Certificates of Deposits are automatically renewable or single maturity, interest is paid semi-annually for a term of 12 months or more, a penalty may be imposed for early withdrawal