- For
You - For Small
Business - For
Commercial - Wealth
Management - Insights &
Community - Contact
Us
You work hard for your business. Our business savings options can make your money work hard for you.
Liquidity and cashflow are essential to the health of your business. Our business savings options offer a dedicated source of funds for your business. They are also a safe way to earn interest as you put away money each month to save for larger expenses like tax payments, major purchases, employee bonuses and more.
The Commercial Money Market account offers competitive interest rates in a low-risk setting. The account helps you
earn interest on a lower minimum daily balance and improve your cash flow as a safe and liquid investment alternative.
Your business needs a trusted partner to manage your savings. Our business savings account is designed for small business, helping you grow your savings while maintaining access to funds. Low balance requirements allow you to avoid monthly fees and start earning interest on any balance.
CDs help your business prepare for short-term and long-term goals with guaranteed fixed-rate returns. Available in a variety of term lengths, CDs are a risk-free investment option to help your money grow until you need it most. If you have excess funds that you don’t need to access for a specified length of time, you receive a higher rate.
Our side-by-side feature chart will help you consider the details.
|
|
Business Savings3 |
Commercial Money Market2 |
PreferredMoneyMarket 1, 2 |
Certificate of Deposit4 |
|---|---|---|---|---|
Minimum deposit to open |
$100 |
$2,500 |
$100 |
$1,000 |
Monthly service charge |
$3 |
$10 |
$25 |
N/A |
Minimum daily balance to waive charge |
$200 |
$2,500 |
$25,000 |
N/A |
Average collected balance to earn interest |
All collected balances |
$2,500 |
$25,000 |
All collected balances |
Withdrawals |
3 free withdrawals per month, otherwise $3 |
6 free withdrawals per month, otherwise $15 |
6 free withdrawals per month, otherwise $15 |
N/A4 |
Telephone Banking |
|
|
|
 |
Online Banking Access |
|
|
|
View Only |
1 Eligible Checking Accounts for Preferred Money Market are limited to Preferred Business Checking, Essential Business Checking, and Interest Business Checking accounts that have a minimum of 5 client- initiated debit or credit transactions in the statement cycle. If you do not have one of the eligible checking account types or if your linked checking account does not meet the minimum number of transactions, your Preferred Money Market Account will earn the default interest rate and APY. Refer to the Business Services Information Disclosure Schedule of Fees for full details.
2 Deposit up to 100 items to your account each month. After 100 items, there is a fee of $0.50 per item deposited. Items include deposited checks and deposit tickets. Fees may reduce earnings
3 No limitations or fees on deposited items.
4 A withdrawal will reduce earnings. Fees could reduce earnings. Substantial penalty for early withdrawal.
Hancock Whitney Bank, Member FDIC. All accounts subject to credit approval. Terms and conditions apply.
Hancock Whitney Bank, Member FDIC and 
Equal Housing Lender. All loans and accounts subject to credit approval. Terms and conditions apply.
Hancock Whitney and the Hancock Whitney logo are federally-registered trademarks of Hancock Whitney Corporation. Copyright © 2023 Hancock Whitney Bank.
