Business Savings
Keeping your business’s hard-earned money safe may be your most important job. Our Business Savings account keeps your money secure and gives you easy access to your funds when you need them.
Earn Interest
Watch your money grow while it stays safe and secure.
Free Online Statements
Go paperless and eliminate clutter by managing your accounts online.
Online Business Banking
Manage your business account online and focus on your growing business.
- Competitive interest rates
- Free Online Statements
- Enjoy immediate deposit and withdrawal access
- Interest is compounded daily and credited monthly
- Complete at least one of the following during the statement cycle to waive your monthly fee:
- $500 minimum daily ledger balance
-OR- - $50 or more in monthly online transfers from a BancorpSouth checking to savings through Online Banking
- Make deposits and withdrawals at any time(1)
- Enjoy free Business Online Banking
- Keep track of your account with free Online Statements(2)
-OR- - Receive paper statements available
- Gain access to your account information 24 hours a day with just a quick call to our InfoLine at 1-888-797-7711
Requirements
- Opening deposit: $50
- Monthly requirements to waive monthly service charge:
- $500 minimum daily ledger balance
-OR- - $50 or more in monthly online transfers from a BancorpSouth checking to savings through Online Banking
Fees
- Monthly service charges:
- Free if monthly requirements are met
- $10 if monthly requirements are not met
- Transactions:
- $5 for each additional withdrawal/debit transaction over six per month(1)
- Monthly statements(2):
- Free Online Statements
-OR- - Monthly paper statement fee:
- Free with minimum daily ledger balance of $500
-OTHERWISE- - $2 fee for truncated paper statements
- $4 fee for paper statements with images
Disclaimers:
(1)An excessive withdrawal fee of $5 will be charged for each nonexempt withdrawal or transfer in excess of six per month or statement cycle of at least four weeks, as applicable. The following withdrawals and transfers are exempt from this limitation: withdrawals or transfers made at an ATM, made in person at a teller window, requested by U.S. postal mail, made for purposes of making payments on BancorpSouth loans, made in person to initiate a wire transfer, and made by telephone or fax where a check is mailed directly to the account holder.
(2)Online Statements are free. Otherwise there is a $2 paper statement fee for a truncated statement and $4 paper statement fee for an image statement. Either will be waived with a minimum daily balance of $500.