Home Federal Bank

Business Banking

Business Banking

Business Savings Accounts

Home Federal Bank offers savings options suited to meet the needs of our business customers. Attractive services, such as internal sweeps, are available to ensure business customers are maximizing reserve cash while providing liquidity.

Statement Savings Gold

Home Federal Bank's Statement Savings Gold account earns interest and provides access to funds in the account. This business savings account provides a convenient method to save and comes with a detailed monthly statement which shows deposits, withdrawals, and interest earned on the account. Statement Savings Gold offers the advantage of sweeping to your business checking to cover overdrafts while still saving money. There is no monthly service charge unless your account falls below $500 or you have a combined total relationship with loans and/or deposits under $5000.

Features:

Statement Savings

Home Federal Bank's Statement Savings account provides a quarterly statement of account activity for easy reference. Our business savings account earns competitive rates. There is no monthly service charge unless your account falls below $500 or you have a combined total relationship with loans and/or deposits under $5000.

Features:

Money Market Accounts

Home Federal Bank offers competitive Money Market accounts to our customers. Money Market accounts allow you to save money while still having immediate access to your funds. The ability to write checks and earn interest makes this a sensible choice for customers.

Money Market Plus

If you maintain a balance of $2,500 you will earn interest and avoid a monthly service fee. Home Federal Bank's Money Market Plus Account features:

  • Unlimited withdrawals and transfers may be made in person, at an ATM or by mail.
  • Limited transactions up to six (6) per cycle by check, Phone Home, Home Banker, ACH or automatic transfers.
  • Direct Deposits
  • Monthly or quarterly statements based on activity
  • FREE ATM card
  • FREE Home Banker online banking with Bill Pay
  • FREE Phone Home telebanking
  • FREE e-Statements
  • FREE FinanceWorks

Presidential Money Market

If you maintain a balance of $50,000 you will earn a higher interest than the Money Market Plus. Home Federal Bank's Presidential Money Market Account features:

  • Unlimited withdrawals and transfers may be made in person, at an ATM or by mail.
  • Limited transactions up to six (6) per cycle by check, Phone Home, Home Banker, ACH or automatic transfers.
  • Direct Deposits
  • Monthly or quarterly statements based on activity
  • FREE ATM card
  • FREE Home Banker online banking with Bill Pay
  • FREE Phone Home telebanking
  • FREE e-Statements
  • FREE FinanceWorks

Wherever you are, wherever you go, Home Federal Bank is Always Within Reach®. Visit any of our six locations in Tennessee and Kentucky and our Personal Bankers can help you open a business savings account.

 

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