Business Savings Accounts and CDs

Business Money Market Account

This money market account pays you interest on the amount of your deposit balance, so the more you save, the more you earn.

Competitive interest rates paid on seven-tiered balances

Up to six withdrawals per month at no charge

LONG TERM SAVINGS

Business Time Deposit Account (TDs or CDs)

Connect with a banker

CDs are longer-term savings vehicles that can be issued for as little as $500.

Flexible terms from 32 days to six years

Competitive interest rates

Security of FDIC coverage

Savings solutions that help your business maximize excess cash balances

If your business has additional funds and would like to earn interest while maintaining access to those funds, consider our business savings account options.

Key Features

Online management

We provide the tools and systems you need to manage your business finances remotely.

Responsive service

Your UMB team is available to answer questions, provide insight and help you select the right financial tools.

Strategic advisors

We work to ensure you have the information you need to make informed decisions.

How business credit cards work for you: Rewards, expense management, and more

Key takeaways Business credit cards add value, from more spending power and quick access to funds, and rewards. The “float” period between credit card purchase and paying the bill can help with short-term cash flow. Tap into benefits like increased...

Read Now
Conversations every business owner should have with their banker

The past years have shown us, more than ever, that the only constant is change. That applies to business planning and budgeting, too, which means it’s important for business owners to revisit their planning notes from the start of the...

Read Now
ESOPs are on the rise. Are they right for your business?

It’s likely that most Phoenix business owners have encountered a company that offers an employee stock ownership program (ESOP) ‡ in the past few years. In Phoenix, some of the most successful companies are exploring whether an ESOP is right...

Read Now
Preparing for the next wave of franchise mergers and acquisitions (M&A)

After two years of subdued activity, the franchise M&A market is entering an opportune window for prepared operators. Valuations have recalibrated, operators have rebuilt liquidity, and buyer demand in the 10- to100-unit segment is showing renewed momentum. Recent, well-publicized transactions...

Read Now
Optimize your business: Time milestones for your business exit

Selling your business is a milestone, both personally and financially—but it also takes a well thought out plan to maximize the sale proceeds and to prepare yourself personally for the business exit. The more time the business owners have in...

Read Now

Frequently asked questions

How can Treasury Management work for me?

No matter the size of your operations, we roll up our sleeves to help you with the everyday details of your business, so you can plan, move and protect your cash flow on your terms. Learn more.

Which checking account is the best for my business?

We know your business needs are unique, which is why we offer a variety of business checking account options that range from everyday operating accounts to interest-bearing. Learn more.

Is a money market account right for me?

A money market account is a unique account that allows you to save funds at a competitive interest rate with multiple ways to access your funds. Discover if this account is the right savings vehicle for you.

Money market features

Most money market accounts include the following features and benefits:
Interest paid on tiered balances – Earn interest based on the amount in your account.
Debit card access and check writing – Easily use your funds like you do your checking account for purchases. Check with your financial institution for any withdrawal limitations.
Unlimited deposits – you can add funds to your account whenever you like, and there is no limit on the amount.

A money market account can be a great tool to help you achieve your savings goals. Read more about UMB's Money Market account and apply online now.

Is a time deposit account (or certificate of deposit) right for me?

UMB Bank's time deposit or certificate of deposit (CDs) is a savings account that locks your money down for a certain time period. This means you can’t access the funds for a certain amount of months, or you will have to pay a penalty fee. Interest rates tend to be slightly higher on time deposits and can be a great tool if you know you won’t need those funds for several months.

A time deposit or certificate of deposit (CDs) from UMB Bank can be a great tool to help you achieve your savings goals. Read more about UMB's time deposit accounts and apply today at a branch.