Business Banking

SAVINGS ACCOUNTS

Freedom Bank small business savings accounts help New Jersey businesses build savings.

Every business needs a savings plan.The best savings account offers a high yield plus flexibility and accessibility.

Open a small business savings account by coming into one of our branches in Bergen or Hudson counties. Because business can be unpredictable, every business needs a level of liquidity to help manage the unexpected expenses along with the exciting growth opportunities. A business savings account from Freedom bank ensures that you are prepared for that need—planned or unplanned. When one account combines flexibility, accessibility, security and a high yield, you’ve found one of the best business savings accounts in New Jersey.

Business Savings Account

  • Interest-bearing account
  • No minimum balance requirements
  • No monthly maintenance fees
  • Access your funds at any Freedom Bank ATM or Allpoint Surcharge Free ATM location free of charge
  • Easy-to-read monthly statement
  • Your interest rate and annual percentage yield may change. At our discretion we may change the interest rate on your account at any time
  • Account subject to Regulation D limitations**
  • Fees can reduce earnings

Save smarter.

Freedom Bank Business Savings Account Current APY0.15% APY*

*Annual Percentage Yield (APY) as of 04/13/2021. Minimum balance to obtain APY is $0.01. Interest is compounded daily and paid monthly. This is a variable rate account. The annual percentage yield and rate may change after the account is opened. Transfers by way of check, draft, debit card or similar order made payable to a third party is limited to six (6) transfers per month or statement cycle. Excessive withdrawal fee:  $10.00 per transaction. Fees may reduce earnings. **Effective April 24, 2020 the Federal Reserve Board announced an interim final rule to amend Regulation D to delete the six per month limit on convenient transfers. Click here for full details. 

Move to a small business savings account from Freedom Bank.

Late last night we advised that there was a fake Freedom Bank website, as of this morning it has been taken down. The fake, or otherwise known as "spoofed" website was an attempt to lure customers to provide their personal information. Rest assured, Freedom Bank’s website is secure and there have been no known compromises to our customers or customer information. Please be sure that when visiting Freedom Bank's website, that the web address matches one of the following: https://freedombanknj.com or https://fbnj.com.