Alternate Savings Accounts are a unique way for you to organize your business savings accounts to set aside money for special or particular purposes. You can use your alternate savings to save for capital expenditures, company parties, or to fund other special or large purchases separate from your day-to-day business activities.

There is no fee to open an Alternate Savings Account. You can have up to three saving accounts per account number. Alternate savings accounts still earn dividends that are calculated daily from the date of deposit to the date of withdrawal and are paid monthly.