Whatever business you’re building, a solid savings account is part of a strong foundation.
Whether you’re creating cash reserves or simply staying liquid, Kearny Bank can keep your funds growing and accessible, with your choice of several savings solutions.
Business Statement Savings
Keep easy access to money while building your reserves.
- Minimum opening deposit of $100
- Convenient ATM deposits and withdrawals
- Simplified monthly statement
- No minimum balance requirement
Trust & Rent Security Accounts
Escrow has never been easier. Manage all of your escrow accounts in one place.
- NJ/NY state-approved depository
- Attorney escrow accounts keep client funds separate from operating expenses
- IOLTA/IOLA interest-bearing checking accounts earn interest for a charitable legal foundation
- Real estate broker escrow accounts keep deposits safe during a transaction
Money Market Advantage
Start small, but earn big interest as your business savings grow.
- Earn competitive interest on all balances
- No minimum balance
- No monthly maintenance fee
- Earn higher interest on balances over $10,000
Tiered Money Market Account
Ramp up your interest-earning ability as your business builds its balance.
- Four interest tiers based on balance
- Higher rates than a typical savings account
- Earn interest on balances over $2,500
Business Tiered Money Market Plus
Higher balances let your business earn more interest, and that’s the bottom line.
- Three interest tiers based on balance
- Higher rates than a typical savings account
- Earn interest on balances over $100,000
Health Savings Account
A better way to cover High Deductible Health Plan expenses.
- A tax-advantaged account that helps you save for medical expenses while reducing your taxable income as contributions are not subject to federal income tax.