Savings & Deposit Accounts

Would you like a savings account for your business that
provides a higher rate of return? Cape Cod Cooperative Bank offers a range of Business Savings Products designed to help your money grow quickly and safely.

Business Statement Savings Account

No deposit fees

This savings account allows your business to maintain liquidity while earning interest at the same time.

Minimum balance to earn interest: $10
Variable interest compounded monthly (See rates)
No service charges
No charges or penalties for withdrawals
One free bank check/money order per day when drawn from your savings account
Bank by mail service available
24-hour banking available via eBusinessBanker*
Account can be linked to an ATM card for ATM transactions only
Combined monthly statement with Cape Cod Cooperative Business Checking Account available

* Federal Regulations allow a maximum of six pre-authorized transfers per calendar month, including electronic transfers.

Business Statement Super Savings Account

Tiered rates for greater earnings

The Cape Cod Cooperative Business Statement Super Savings Account allows those businesses with substantial cash reserves maintain liquidity while earning a higher rate of return.

Minimum balance to earn interest: $10
Variable interest compounded monthly
Rates are tiered for higher yield with higher balances (See rates)
No service charges
No charges or penalties for withdrawals
Interest can be mailed by check, credited to another account, or left to accrue in the account
Bank-by-mail services available
24-hour banking available via eBusinessBanker*
Account can be linked to an ATM card for ATM transactions only
Combined monthly statement with Cape Cod Cooperative Business Checking Account

* Federal Regulations allow a maximum of six pre-authorized transfers per calendar month, including electronic transfers.

A Companion account for the CapeLife Business Exec Account. This tiered rate money market is ideal for those businesses that have a large amount of excess funds. The CapeLife Business Exec Money Market Plus allows you to maximize your rate of return with rates similar to those of CDs while letting you retain your liquidity. Best of all, the deposited funds are all insured in full and your balances help you maintain daily balances required for the CapeLife Business Exec Account.

Free Checks - Limited Check Writing*

* Federal Regulations allow a maximum of six pre-authorized transfers per calendar month, including electronic transfers and checks.

Click Here for current rates.

1 Transaction limits apply.

2 Any monthly ACH debit or credit or use of Self-Pay program.

Business Certificates of Deposit

Secure short & long term savings

If your business has specific short- or long-term financial goals and does not need access to those assets, a Business CD from Cape Cod Cooperative Bank can provide you with a safe and stable way to meet your needs. Our CDs offer fixed rates and a wide variety of term lengths to guarantee your business a perfect fit.

Minimum opening balance: $500
Terms from 3 months to 5 years (See rates)
Interest compounded monthly
May be opened by mail
No set up charges or service fees
Penalty for early withdrawal of principal
No penalty for interest withdrawn
Monthly interest can compound in the certificate, be deposited into another account, or sent to you by check

Business Cape Cod Money Fund
A money market account with interest

If your business could benefit from a savings account with limited check writing capability, this money market account may be the perfect fit.

No monthly service charge
Interest is posted monthly
Accounts with average balances above $2,500.00 earn a higher yield (See rates)
Check writing privileges *
No restrictions on personal withdrawals made in the branch
24-hour banking available via eBusinessBanker*

* Federal Regulations allow a maximum of six pre-authorized transfers per calendar month, including electronic transfers.

IMPORTANT ACCOUNT INFORMATION FOR OUR BUSINESS CUSTOMERS:
Transactions restricted by the Unlawful Internet Gambling Enforcement Act of 2006 are prohibited from being processed through commercial accounts as of December 1, 2009. For questions about this policy please contact a branch representative or our Call Center at 508.568.3400.

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