Earn More on Every Dollar
Ballston Spa National Bank offers business money market accounts and certificates of deposit (CDs) that help Capital Region businesses earn more on cash reserves – with competitive rates, FDIC insurance, and the personal service your business deserves.
Business Certificate of deposit
Fixed-Rate for Funds That Can Wait
A BSNB Business CD is ideal for funds you know you won’t need during the term, such as reserves earmarked for a future capital expense, equipment purchase, or expansion. Choose from a range of terms to match your business’s timeline and cash flow needs.
- Lock in rates with terms from 7 days to 60 months.
- Fixed interest rate for the full term.
- Competitive rates and FDIC insured.
- Automatically renewable at maturity.
business money market
Higher Balances, Higher Returns
A BSNB Business Money Market Account gives you higher interest earnings on larger balances, with the flexibility to access your funds when you need them.
- Tiered interest rates – earn more as your balance grows.
- Check-writing access included.*
- FDIC-insured up to applicable limits.
- Manage your account online, mobile, or in any one of our 21 branches.
- Pairs with BSNB business checking for easy transfer of funds.
We Are Here to Help.
Have a question about accounts, loans, digital banking, or the right next step?
Our team is ready to help you get where you need to go.
Frequently Asked Questions
A business money market account at Ballston Spa National Bank is an interest-bearing deposit account that earns tiered rates based on your balance. It offers more earning potential than a standard savings account, with limited check-writing access and FDIC insurance up to applicable limits.
BSNB sends a maturity notice before your CD term ends. There is a ten-day grace period starting on your maturity date, giving you time to decide whether to renew, withdraw, or deposit funds. If no action is taken, the CD auto-renews for a term similar to that described in the pre-renewal notice.
Yes, but early withdrawal from a CD may be subject to a penalty based on your CD term. For businesses that need occasional access to funds, a money market account may be a better fit. A BSNB Relationship Manager can help you decide.
BSNB offers competitive, tiered money market rates for NY Capital Region businesses. Rates are updated regularly – visit bsnb.com or contact us at 518-885-6781 to see current rates.
Yes. All BSNB deposit accounts, including money market accounts and CDs, are FDIC-insured up to applicable limits, backed by the full faith and credit of the U.S. government.
Business Checking
Keep your cash flow moving, with the flexibility to match how your business actually runs, not how a big bank thinks it should.
- Multiple account options for businesses of every size..
- Digital Banking access – manage accounts, pay vendors, and review transactions anytime.
- Debit card access for owners and authorized employees.
- Easy account setup with dedicated support.
Go Further With BSNB
Explore products and services that support you in every stage of life.
*Check access is subject to transaction limitations. Platinum Money Market withdrawals are limited to 6 pre-authorized electronic transactions. This includes any pre-authorized, automatic, telephonic or computer transactions to another account of yours with us and/or transfers or payments to a third party each monthly statement period. Withdrawals made in person or at an ATM are unlimited.
