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. 

Internet Marketing Basics

An online presence is a must for any business. According to eMarketer’s 2022 Global Ecommerce Forecast, they estimate that online sales in the U.S. will consistently grow between now and…
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

Total Employee Compensation Package

The cost of an employee is more than their salary. Hiring an employee often involves paying a portion of their social security, medicare and unemployment taxes. Many companies offer benefits…
View Resource

Running a Virtual Company

Operating a business on a virtual basis is quickly gaining in popularity. Although running a virtual company can be attractive to small business owners, they still need to understand that…
View Resource

Gross Margin Analysis

The gross margin of a product is measured by subtracting the cost of goods sold from the selling price. Cost of goods sold includes all costs associated with producing the…
View Resource

Small Business Administration Loans

Small Business Administration loans are among the most common ways to fund a startup. Though you still need to prove you are a good risk, these loans are often easier…
View Resource

Reasons to choose a health savings account for your employees.

The number of companies offering their employees a Health Savings Account (HSA) continues to grow. With plenty of advantages for both employers and employees, implementing an HSA – if your…
View Resource