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Albion Banking Center

53 E State St
Albion, PA 16401
Phone: (814) 756-4138

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Albion Banking Center

Andover Banking Center

19 Public Square
PO Box 1300
Andover, OH 44003
Phone: (440) 293-7605

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Andover Banking Center

Ashtabula Harbor Banking Center

1630 West 19th Street
Ashtabula, OH 44004
Phone: (440) 964-8999

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Ashtabula Harbor Banking Center

Austinburg Banking Center

1853 Route 45
PO Box 273
Austinburg, OH 44010
Phone: (440) 275-3333

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Austinburg Banking Center

Conneaut Banking Center

339 State Street
Conneaut, OH 44030
Phone: (440) 593-6595

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Conneaut Banking Center

Andover Bank Corporate Headquarters

600 East Main Street
PO Box 1300
Andover, OH 44003
Phone: (440) 293-7256

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Andover Bank Corporate Headquarters

Edinboro Banking Center

212 Plum St
Edinboro, PA 16412
Phone: (814) 734-1655

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Edinboro Banking Center

Geneva Banking Center

665 South Broadway
Geneva, OH 44041
Phone: (440) 466-3040

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Geneva Banking Center

Jefferson Banking Center

150 North Chestnut Street
Jefferson, OH 44047
Phone: (440) 576-2265

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Jefferson Banking Center

Madison Banking Center

6611 North Ridge Road
Madison, OH 44057
Phone: (440) 417-0200

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Madison Banking Center

Millcreek Banking Center

2420 Zimmerly Rd
Erie, PA 16506
Phone: (814) 833-4550

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Millcreek Banking Center

Stow Loan Production Office

3924 Clock Pointe Trail, Ste. 101
Stow, OH 44224
Phone: (844) 259-5473

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Stow Loan Production Office

Business Savings

Savings

Savings solutions that grow your business

Andover Bank means business. And no matter your savings goals, we have your back with easy-to-manage access to your funds and competitive interest rates to grow your excess cash.

So while you're busy running your business, Andover Bank is working hard behind the scenes to deliver peace of mind.

 

Compare Statement Savings Preferred Money Market Business Money Market

Minimum to Open Account

$0

$0

$0

Monthly Maintenance Fee

$3

$10

$15

Required Balance to Avoid Maintenance Fee

$100

$1,500

$50,000

Earns Interest

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See Rate

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Withdrawal Limit

6 per statement cycle;
$5.00 fee per withdrawal thereafter

6 per statement cycle;
$15.00 fee per withdrawal thereafter

6 per statement cycle;
$15.00 fee per withdrawal thereafter

Other Features

 

Tiered interest delivers higher interest for higher balances. Interest paid monthly

Tiered interest delivers higher interest for higher balances. Interest paid monthly

 

Learn more Learn more Learn more
Business Statement Savings

Minimum to Open Account

$0

Monthly Maintenance Fee

$3

Required Balance to Avoid Maintenance Fee

$100

Earns Interest

Checkmark
See Rate

Withdrawal Limit

6 per statement cycle;
$5.00 fee per withdrawal thereafter

Learn more

Preferred Money Market

Minimum to Open Account

$0

Monthly Maintenance Fee

$10

Required Balance to Avoid Maintenance Fee

$1,500

Earns Interest

Checkmark
See Rate

Withdrawal Limit

6 per statement cycle;
$5.00 fee per withdrawal thereafter

Other Features

Tiered interest delivers higher interest for higher balances. Interest paid monthly

Learn more

Business Money Market

Minimum to Open Account

$0

Monthly Maintenance Fee

$15

Required Balance to Avoid Maintenance Fee

$50,000

Earns Interest

Checkmark
See Rate

Withdrawal Limit

6 per statement cycle;
$15.00 fee per withdrawal thereafter

Other Features

Tiered interest delivers higher interest for higher balances. Interest paid monthly

Learn more

Statement Savings Account

A simple, straightforward savings option that pays interest on daily balance.

  • Account compounds quarterly
  • $3 per month service fee for account balances below $100
  • No fee if account owner is under 18 or over age 60
  • Up to 6 withdrawals per month (a $5 fee applies for each additional withdrawal)

Preferred Money Market

Our Money Market account is perfect for your larger balances. With tiered interest, the higher your balance, the more you earn.

  • Tiered interest compounded monthly
  • $10 per month service fee for account balances below $1,500
  • Limited check writing ability**

Business Money Market

Our Money Market account is perfect for your larger balances. With tiered interest, the higher your balance, the more you earn.

  • Tiered interest compounded monthly
  • $15 per month service fee for account balances below $50,000
  • Limited check writing ability**

**You may make six (6) withdrawals or transfers to another account of yours or to a third party by means of a pre-authorized or automatic transfer or telephone order or instruction, computer transfer or by check, draft, debit card or similar order to a third party. If there are more than 6 withdrawals in any statement cycle there is a $15 per withdrawal fee starting with the 7th withdrawal.

Ready to get started, or need help choosing the right account?

Give us a call at (844) 259-5473 or stop by one of our banking centers to meet with a business banking specialist and find the account that best maximizes your business savings.