Basic business savings account

Start saving with online access to funds and no monthly maintenance fee as long as you maintain a minimum balance.

Get today’s savings rates

Basic business savings account benefits

  • Earn interest on your balances
  • Avoid a monthly maintenance fee with a minimum average collected balance
  • Transfer funds to your U.S. Bank checking account by phone or online
  • Receive your business checking and savings accounts in one combined monthly statement

Open a Basic business savings account

Have these documents ready:

1

Your business’s Employer Identification Number (EIN) or tax ID number (Sole proprietors can use the owner’s Social Security number)

2

Articles of Incorporation, Articles of Organization, or a charter or a similar legal document that indicates when your company was formed (not required for sole proprietors)

3

Government-issued photo ID and Social Security number for you and anyone else authorized to sign checks or make transactions on behalf of your organization