Business Checking and Savings Accounts

Business Checking Accounts

Home Federal Bank offers Business Checking Accounts ranging from businesses with a high volume of activity to a small business owner just getting started.  Our dedicated Personal Bankers are here to assist you in matching the right business checking account to fit your growing business.

Value Business Checking

Maximum Business Checking

The Value Business Checking offers the ultimate value for all your small business' or organization's banking needs. This account has a minimum opening balance of $100. This account is designed to allow you to only pay for the service you use. It can be free or have a minimal fee depending on the activity.

The Maximum Business Checking offers a designed approach to help customers measure types of activity and earn interest. The   minimum opening balance is $100. This account does have a monthly fee; however, you are only paying for the services you use.

Features:

Features:

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

Statement Savings

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.

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:

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

Presidential Money Market

If you maintain a balance of $2,500 you will earn interest and avoid a monthly service fee.

If you maintain a balance of $50,000 you will earn a higher interest than the Money Market Plus.

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

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

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