Check out our account highlights or click "See Details" to learn more!
Let's Compare Our Savings Accounts:
Business Savings Account
- $4 Service Fee1
- $50 Open Deposit
- Variable Interest Earned2
See Details
Business Money Market Account
- $8 Service Fee1
- $2,500 Open Deposit
- Tiered Interest Rate Structure2
See Details
Preferred Liquidity Fund
- $20 Service Fee1
- $25,000 Open Deposit
- Tiered Interest Rate Structure2
See Details
Health Savings Accounts
- $4 Monthly Maintenance Fee1
- Competitive Interest Rate
- Tax Savings
See Details
STAR First Checking
Best for low to moderate volume checking needs
Looking for a business checking account from a bank that’s invested in seeing you succeed? Consider our STAR First Business Checking account. It puts banking convenience right in your hands and is available to all commercial, sole proprietors and not-for-profit organizations. It’s also perfect for businesses that don’t handle a large number of transactions each month.
- No monthly service fee; no minimum balance requirement
- 200 transactions each statement cycle (includes deposit tickets, deposited checks and checks written, $0.39 per each additional transaction)
- Mobile Banking and Online Banking with Bill Pay
- Convenient access to your funds with STAR Business MasterCard®
- E-statements are available
- Minimum Deposit to Open: $50.00
- Access to all forms of payment solutions offered by STAR, including wire & ACH.
As a business checking client, a large number of Treasury Management services are available to you. Visit the Treasury Management page for details on money management tools that help you save time and optimize your cash flow.
In addition, business checking clients can utilize our free Electronic Check Recovery service, Re$ubmitIt®, a proven electronic re-presentment technology used to help you collect money from NSF checks.
Most STAR First Checking customers qualify for Commercial Courtesy Coverage, a service where we strive to pay - whenever possible - your company's checks, up to a limit of $3,000 beyond your available balance.
Business Checking
Best for commercial business that uses a larger volume of banking services
For those who have heavy daily needs, including, wire, ACH and various other forms of payments, you should look into STAR’s Commercial Checking account. All commercial checking accounts receive a special earnings credit to any fees associated with the various Treasury Management services offered. The earnings credit is calculated on the amount of net investable funds you have on deposit, and is applied to monthly service charges.
- Monthly Maintenance Fee: $30.00
- Additional fees include $0.26 fee per check paid/debit posted, $0.80 deposits/credits posted, and $0.17 deposited items not “on-us”.
- A monthly earnings credit is applied to the service charge each month
- Account analysis performed each month to determine services used which can be offset by earnings credit on collected account balances.
- Mobile Banking and Online Banking with Bill Pay
- Convenient access to your funds with STAR Business MasterCard®
- E-statements are available
- Minimum Deposit to Open: $50.00
As a business checking client, a large number of Treasury Management services are available to you. Visit the Treasury Management page for details on money management tools that help you save time and optimize your cash flow.
In addition, business checking clients can utilize our free Electronic Check Recovery service, Re$ubmitIt®, a proven electronic re-presentment technology used to help you collect money from NSF checks.
Most STAR Business Checking customers qualify for Commercial Courtesy Coverage, a service where we strive to pay - whenever possible - your company's checks, up to a limit of $3,000 beyond your available balance.
In addition, business checking clients can utilize our free Electronic Check Recovery service, Re$ubmitIt®, a proven electronic re-presentment technology used to help you collect money from NSF checks.
Most STAR Business Checking customers qualify for Commercial Courtesy Coverage, a service where we strive to pay - whenever possible - your company's checks, up to a limit of $3,000 beyond your available balance.
Business Savings
Best for setting up an emergency cash fund
Need to build an emergency fund or save for a long-term need? Then put your company savings plan into action with our Business Savings account. You’ll earn a competitive interest rate and enjoy easy access to your money, at an ATM, online, and at a branch.
- Minimum Deposit to Open: $50.00
- Minimum Balance to Avoid Service Fee: $300.00
- Monthly Service Fee: $4.00
- Limit of 35 free, deposited items per month; $.75 charge for each additional item over 35
- Six (6) over the counter withdrawals each month without charge. Each additional withdrawal will be $2.00 - Unlimited ATM withdrawals
- Interest rate is variable and calculated on 365 days
- E-statements are available
1Waived with $300 minimum balance
2Earned based on market conditions
Business Money Market
Best for earning a higher money market interest rate with easy access to your funds
If your business needs quick access to funds, while still earning a higher interest rate, then look into STAR’s Business Money Market Account. It offers a higher rate and the liquidity of a short-term investment. It’s a win/win for you.
- Minimum Deposit to Open: $2,500.00
- Minimum Balance to Avoid Service Fee: $2,500.00
- Monthly Service Fee: $8.00
- Limit of 35 free, deposited items per month; $.75 charge for each additional item over 35
- Six (6) debits per month without charge. Each additional transaction will be $10.00. - Unlimited ATM withdrawals and over-the-counter withdrawals
- The interest rate is tiered and is paid on collected funds only: $0. 00 to $2,499.99 $2,500.00 to $ 9,999.99 $10,000.00 and above
- E-Statements are available
1Waived with $2,500 minimum balance
2Paid on collected funds
Preferred Liquidity Fund
Best for having ready access to your funds with premium rates on larger balances
Get the best of both worlds – ready access to your funds and premium rates on larger balances – with the Preferred Liquidity Fund. You’ll have the freedom to make penalty-free withdrawals plus earn a higher interest rate indexed to the market.
- Minimum Deposit to Open: $25,000.00
- Minimum Balance to Avoid Service Fee: $10,000.00 or an average collected balance of $30,000.00
- Monthly Service Fee: $20.00
- Limit of 35 free, deposited items per month; $.75 charge for each additional item over 35
- Six (6) debits per month without charge. Each additional transaction will be $10.00. - Unlimited ATM withdrawals and over-the-counter withdrawals
- Interest rates are tiered based on balance $0.0 - $24,999.99 $25,000.00 – $49,999.99 $50,000.00 - $99,999.99 $100,000.00 - $2,499,999.99 $2,500,000.00 & up
- E-Statements are available
1Waived with $10,000 minimum balance or average collected balance of $30,000
2Paid on collected funds
Health Savings Accounts for Employers
In the changing world of health insurance, you need solutions that help you retain employees while also cutting expenses. A Health Savings Account (HSA) is a tax-free way for employees covered by qualified high-deductible insurance, or a HDHP, to put funds aside for anticipated healthcare expenses. It strengthens your benefit offerings while giving them peace-of-mind.
Benefits for you
Tax Savings
- No payroll taxes on employee HSA contributions made through payroll deductions
- Federal income tax deduction for contributions you make to your employees’ HSAs
An Attractive Benefit
An employer-sponsored HSA is part of a competitive benefits package that can help you attract and retain employees.
Easy setup
We offer onsite services and ready access to HSA specialists to help you fully understand the benefits of your HSA program. We’ll be there before, during and after enrollment to ensure that all of your questions are answered.
Benefits for your employees
Advantages of a STAR Bank Health Savings Account:
- Competitive interest rate
- $4.00 monthly maintenance fee is waived when you sign up for STAR's free Online Banking
- Monthly e-mail with a direct link to your HSA online statement where you can check your contributions and distributions, and view cancelled check images.
- Free STAR Online Banking also gives you fast access to your HSA records, making it easier to prepare your taxes.
- If you change employers, your HSA moves with you.
To learn more about making STAR Bank your HSA partner, talk to your insurance provider or contact one of our business bankers today.
1Waived when you sign up for STAR's free Online Banking