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Business > Savings and CDs

Business Savings and CDs

The perfect savings vehicles for your organization.

Savings and Certificate of Deposit options to meet your business needs.

Whether you are looking to keep your business funds separate from your operating account or you are saving for a longer-term goal, we have saving options just right for your business.

Certificate of Deposit

This insured account from Salem Co-operative Bank yields a higher interest rate than many other types of accounts.

Business Statement Savings

Build your business reserves with this no-frills savings account.

Ready to Learn More about Our CD Options?

We want to help your business grow, and a Business Statement Savings account or Certificate of Deposit (CD) can be an excellent step forward.
Questions? Contact us today.

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*A withdrawal of principal will reduce earnings.

**You may prevent renewal if you withdraw the funds in the account at maturity or within a ten calendar day grace period.


1 Must be registered with the state and provide a certificate from the state, a copy from the IRS of the EIN and business documentation (Corporate resolution, etc.)

Additional Resources

Important Information about Opening Accounts | FDIC Insurance Estimator | FDIC VideoDeposit Rate and Fees

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