Maximize Your Earnings
Accounts that work hard for you, not the other way around.
Let’s maximize your earnings today.
All Republic Bank Business Savings accounts include these FREE services:
- Online Banking
- Mobile Banking
- Check Images
- eStatements
- Cash Back Debit Card
- Direct Deposit
- Bank by Phone
Questions?
Commercial Savings
- $1,000 to open
- $5 monthly maintenance fee waived with $1,000 minimum average collected balance
- Earn 0.10% interest1 with a $1,000 minimum balance
Business Money Market
- $2,500 to open
- $30 monthly maintenance fee waived with $10,000 minimum daily balance
- Interest1 is tiered and credited monthly (last day of each month)
Business Select Money Market
- $2,500 to open
- $25 monthly maintenance fee waived with $2,500 minimum average collected balance
- Interest1 is tiered and credited monthly (last day of each month)
Power Index Money Market
- Earn competitive interest2 based on current market conditions3
- $10,000 to open account
- Maintain a minimum $10,000 daily balance to earn Annual Percentage Yield (APY) and avoid $30 monthly maintenance fee
Digital Money Market
- Earn 4.75% APY3, 4
- $2,500 to open account
- Maintain a minimum $2,500 daily balance to avoid $25 monthly maintenance fee
- Available exclusively online
At Republic Bank, it’s important to us to provide you with the resources you need to have a bright financial future.
Explore our posts and learn more about credit score myths, savings strategies, the benefits of smaller local banks, and more.
At Republic Bank, our business bankers work hard to learn your story and become your advocate.
Get connected with us, and put Chicago’s hardworking bank to work for your business today.
1Interest rate is accurate as of 11/21/2024. Rates may change at any time without notice. Fees could reduce earnings. Activity restrictions may apply.
2Variable rate, tiered product. Interest rates may change at any time without notice. Fees may reduce earnings.
3We determine the interest rate based on current market conditions, and changes are made at our discretion.
4Minimum balance to open account is $2,500. If balance falls below $2,500, a $25 maintenance fee will be assessed. Maximum account balance is $250,000. If balance exceeds $250,000, Annual Percentage Yield (APY) on entire balance will decrease to 4.25%. Account must be funded with money not currently on deposit with Republic Bank of Chicago within the last 180 days (i.e., new money which has not been held in a Republic Bank deposit account of any kind in the last 6 months). Fees may reduce account earnings. APY is accurate as of 11/21/2024. APY may change and offer may be withdrawn at any time without notice..
