Business Savings Accounts to Grow Your Company Funds

Earn interest and manage your funds with Plains State Bank business savings accounts. Houston companies enjoy flexible options and easy access to cash.

Flexible Savings Solutions for Your Business

Here at Plains State Bank, we are proud to offer business savings accounts that are designed to help companies grow and manage funds efficiently. If you need a simple account for daily deposits or want to earn interest on larger balances, our business savings products provide the tools you need to stay in control of your finances.

Houston businesses benefit from accounts that allow for easy deposits, secure access, and competitive interest rates. You can manage transactions without frequent branch visits and monitor balances online or via mobile banking.

Business Savings Products

Profile: has unlimited over the counter withdrawals while earning interest

Minimum to open – $100
Excessive debit fee – $20 each
Interest bearing
Maintenance fee – $10
Minimum daily balance to avoid monthly maintenance fee is $50.00

Certificates of Deposit (CD)

Competitive Rates (View current CD rate)
Minimum to open – $1,000
Interest compounding monthly
Variety of maturities
Penalty for early withdrawal

* Federal restrictions limit the number of debit/withdrawal transactions. You may make up to six pre-authorized, telephone transfers to other Plains State Bank accounts or to third parties each statement period. Three of these withdrawals may be check, draft or debit card (third party transactions). Each withdrawal thereafter will incur an Excessive Debit Fee of $20.00. Plains State Bank reserves the right to close or reclassify your account if these limitations are exceeded on a recurring basis.

Which Account Should You Choose?

We offer a variety of business savings products to meet different needs:

Business Savings Account: Ideal for companies that want unlimited over-the-counter withdrawals and steady interest growth. Accounts have a low minimum opening balance and offer straightforward monthly maintenance. Excessive withdrawals may incur fees, so this account is best for businesses with regular but moderate activity.
Certificates of Deposit (CDs): Perfect for businesses looking to earn higher interest on larger funds. CDs offer competitive rates and a range of maturities. Funds are locked in for the term selected, with penalties for early withdrawal. This option is best for companies that can commit funds for a fixed period and want to maximize returns.

Choosing the right account depends on how often you need access to your funds and whether you prefer liquidity or higher interest earnings. Our team can help you evaluate your needs and recommend the best option for your business.

Frequently Asked Questions

What Are the Minimum Balances?

Business Savings accounts require a $100 minimum to open. CDs require a $1,000 minimum deposit. Some accounts may have daily minimum balances to avoid fees.

Are There Fees?

Monthly maintenance fees apply to some accounts, but can be avoided by maintaining the required minimum daily balance. Excessive withdrawals from savings accounts may incur a $20 fee per transaction.

How Many Withdrawals Can I Make?

Federal regulations limit certain transfers and withdrawals to six per statement cycle. Three of these may be checks, drafts, or debit card transactions. Additional withdrawals may incur fees.

Can I Earn Interest?

Yes. Business Savings accounts and CDs earn interest. CDs often offer higher rates for longer terms. Interest is calculated daily and compounded monthly.

How Do I Open a Houston Business Savings Account?

Visit a Plains State Bank branch in Houston or contact our team online. We’ll guide you through the application and help select the best account for your business.

Is There Online Access?

Yes. All accounts can be monitored through PSB Online Banking and PSB Mobile Banking, giving you easy access to balances, transactions, and statements.

Open Your Business Savings Account Now

Grow and manage your company’s funds with a Plains State Bank business savings account. Contact our Houston branch or visit our website to get started and choose the right account for your business goals.