Making sure that your money is always working for you is a goal at HCBT. We offer savings, money market accounts and certificates of deposit that assist with making this a reality. No matter the size of your company, we can help you reach your financial goals.
Business Statement Savings Account
It is a prudent business practice to put funds aside for scheduled loan and tax payments and other planned business expenditures. So, where do you put them? Transfer funds to a Business Statement Savings Account at Hendricks County Bank and earn a competitive interest rate on the deposit. When it's time to use the money for scheduled payments, transfer the funds back to your company checking account. It's easy -- and it just makes sense.
Business Money Market Savings Account
When you are ready to move up to the next level of savings, the Business Money Market Savings Account at Hendricks County Bank lets you write checks on an account that pays a Money Market rate of interest. You get the best of both worlds!
Certificates of Deposit
In changing economic times, Certificates of Deposit (CDs) stabilize your assets and guarantee the rate of return. Generally speaking, the longer the term, the greater the interest rate. If you are able to commit funds for a specified period of time, CDs from Hendricks County Bank can assure interest income and provide the security of FDIC-insured savings.
There is a penalty for early withdrawal of certificates.