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