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Savings

You Get More When You Bank Well.
Solidify your financial foundation.

Multiple Savings Options for Multiple Business Goals

Strengthen your financial safety net with Bankwell's Business Savings, Money Market Accounts and CDs. Whether you want a simple, go-to account or a variety of growth opportunities, we have the solution.

Business Statement Savings

  • Interest paid at a competitive rate on your entire balance
  • Maintain a $2,500 minimum daily balance each statement period to avoid a $10 monthly maintenance fee

Business Money Market Account

  • Ideal blend of liquidity and earnings on your deposits
  • Tiered rates reward higher balances
  • Maintain $5,000 average balance for the current statement period to avoid a $15 monthly maintenance fee

Business Choice Money Market Account

  • $2,500 minimum opening deposit
  • Higher money market rates
  • Must be linked to a Business checking account

CDs

  • $1,000 minimum opening deposit
  • Terms from 3 months to 5 years
  • Interest compounded daily on the balance, and paid or transferred monthly
  • Automatically renews at maturity
  • Our Easy Add Liquid CD ($15,000 minimum to open) allows you to withdraw and add money during the term, with some restrictions*



* You may not make a withdrawal in the first seven days following account opening and within seven days of any partial withdrawal or deposit made thereafter. You may make additional deposits into this account. The additional deposit must be a minimum of $1,000. You may make a deposit to your account every 7 days.