Savings & CDs for Business
Statement Savings
- Interest-earning
- Minimum opening deposit of $10
- Minimum balance requirement of $10*
- Free statements
- Easy sweep & auto transfer setup
Premier Business Savings
- Interest-earning; rates increase as your balance increases
- Minimum opening deposit of $100
- Minimum balance requirement of $100*
- Free statements
- Easy sweep & auto transfer setup
Premier Business Money Market
- Interest-earning; rates increase as your balance increases
- Minimum opening deposit of $100
- Minimum balance requirement of $20,000*
- Free statements
- Easy sweep & auto transfer setup
Certificates of Deposit (CDs)
- Terms ranging from 6 months to 5 years
- Minimum opening deposit of $500
- Receive interest your way: add to the value of the certificate, or automatically transfer to another Kennebec Savings Bank account
- Free statements, sent annually
- Automatic renewal
*Minimum balance requirement to avoid regular service fees.