Business Savings Accounts

Just like a personal savings account does, a business savings account lets you set money aside for future needs and growth. 

Visit a Branch 
Jump to a section:

Business Savings

This business savings account is ideal for small-saving businesses. 

  • Minimum to open: $50
  • When your average daily balance is under $500, there’s a $10 monthly fee
  • Earns interest
  • Includes 5 free transfers; $3 for each additional transfer
  • Access it through Online Banking and your Mobile Banking app
  • Free monthly eStatements

A business savings account lets you earn interest on money deposited into the account. Maximizing your cash flow, saving for taxes and funding growth needs are easier when you have money that’s not only set aside but also growing on its own.

Please visit a branch to apply 

Gain Control with Online Banking

Martinsville First’s new online banking is streamlined, secure, and flexible. It makes your life easier in ways you never knew you needed.

Learn More about Online Banking

Invest the mutual way.

As a mutual bank customer, your money goes to work in our communities. Every dollar helps people buy homes and grow local businesses. It’s the mutual bank difference.
Learn More about us

Now is the time to invest in a Certificate of Deposit.

Pair an interest bearing account with a Certificate of Deposit and watch your balance take off. By investing in your future, you invest in your community. It’s the mutual bank difference.
Learn More about CDs

Business Knowledge Hub

Get financial insights, education and advice to help you run your business. 

6 Ways to Avoid Business Email Fraud

Companies of all sizes are being targeted by criminals through business email compromise scams. In these scams, cybercriminals gain access to an employee’s legitimate business email through social engineering or…
View Resource

Accepting Payment

You need an efficient way to get paid for your product or service in order to stay in business. Cash, checks, credit cards, and online payments are the primary ways…
View Resource

Financial Ratios

For the small businessperson, number crunching can be mind numbing. However, becoming conversant with a few core concepts can help you get an accurate view of how well your firm…
View Resource

The Value of Your Business

While there are potentially many ways to value a business, one popular method is using the discounted, or present value, of your estimated cash flow. This method takes your current…
View Resource

Sizing the Market

If you are putting together a business plan before approaching lenders, you’ll want to be specific in your calculations about your market share. Figuring it out takes time and research,…
View Resource

Required Employee Benefits

As an employer and small business owner, you undoubtedly understand the importance offering your employees benefits. For many employees, salary is not the only factor in their decision to accept…
View Resource

Sales Volume Required to Break Even

The break even point for a product or a business is the point where sales revenue equals your fixed plus total variable costs. If you are below the break even…
View Resource