For meeting your short- and long-term business goals.
If you need to build cash reserves to prepare for unexpected business expenses or save for a planned goal, Charles River Bank provides a range of saving solutions to help you earn more, save easily, and reduce costly fees.
Earn a competitive interest rate and pay no monthly fee when you maintain a low minimum balance with this simple and straightforward account.
Business Money Market
Get more out of your savings with our Business Money Market that offers competitive rates that increase as your balance grows.
You can use Online or Mobile Banking to easily move money to and from the account and write a limited number of checks.
Business CDs
If you don’t require immediate access to your money and want to earn higher returns, we offer a range of Certificates of Deposit (CDs) with flexible terms to meet your saving goal and time horizon.
SEP-IRA
Take advantage of a smart way to save for retirement for you and your employees and enjoy potential tax benefits (consult your tax advisor) with a Simplified Employee Pension (SEP-IRA).
Your Deposits are Insured in Full
When you bank with Charles River Bank, you get the peace of mind that every deposit is insured in full through a combination of insurance from the Federal Deposit Insurance Corporation (FDIC) and the Depositors Insurance Fund (DIF).