Business Resource Center

First Interstate Bank Business Savings Accounts

First Interstate Bank Business Savings Accounts

The key to effective cash flow management is to keep as much money working in your business as possible. Cash that isn't being used to fund operating needs shouldn't sit idle when it could be earning interest in a First Interstate BankSmall Business Savings Account. Which option is right for your business ultimately depends on your cash flow situation and your need for flexibility or liquidity.

First Interstate Bank Business Regular Savings: Designed for businesses with growing cash flows, theFirst Interstate Bank Business Regular Savings account offers the greatest amount of liquidity while providing competitive, short-term savings yields with interest credited monthly. There is no monthly maintenance fee if a $200 minimum balance is maintained. For added convenience, savings account activities can be tracked and managed through I-Bank Online Banking.

First Interstate Bank Business Market Interest Account: Similar to a high-yield savings account, money market accounts offer the benefits of higher returns along with easy access to funds through withdrawals and transfers at our branches or ATMs, or by phone or online. Because we use a tiered interest rate structure, higher balances will earn higher rates of interest, which is compounded daily and paid monthly on collected balances. There are no monthly fees if a $1,000 minimum balance is maintained. Our money market accounts are FDIC insured up to the legal limits.

First Interstate Bank Business Certificates of Deposit (CDs): For businesses with larger deposits and a longer-term time horizon for their cash needs, FDIC-insured CDs offer the highest possible fixed rates for a low-risk savings option. Interest is compounded on daily basis and credited to your account monthly. Short-term savings terms range from 30 days to 12 months, while higher rates are available for longer terms of up to 5 years. Upon maturity, the balance can be automatically rolled into another CD or transferred into another business account.

For detailed information on any of our business savings accounts visit First Interstate or a First Interstate Bank branch near you.

We are members of FDIC so all deposits are insured up to $250,000 per depositor, per ownership category. To learn more about our FDIC membership, go to and search for our name under Bank Find.

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