Business Savings & CDs

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PREMIER Money Market

Maximize available cash and earn higher interest on higher balances.

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Regular Savings

Build savings with interest for later use or investment.

certificate of deposit
Certificate of Deposit

Lock in a great rate on a shorter or longer term certificates of deposit.

PREMIER Money Market Savings

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  • Maximize available cash in an FDIC-insured environment
  • Earn tiered variable interest1
  • Opening minimum deposit of $500
  • No minimum balance required 
  • Write checks from your account2
  • Transfer or withdraw funds with ease2 
  • Available Overdraft Protection for First PREMIER Checking3

More Savings Options

Business Savings

Build savings and keep available funds within reach by placing residual cash into this FDIC-insured, interest-bearing savings account.

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Certificates of Deposit (CD)

For longer-term savings, lock in a competitive rate on FDIC-insured CDs and guarantee your rate of return.

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Why Bank with First PREMIER?

As a debt-free, privately owned $3 billion bank, First PREMIER is one of the strongest capitalized banks in the country. We are consistently ranked as a top-performing bank for asset size. Most recently we were named by S&P as the nation’s Best Performing Large Community Bank.

Our integrated business model bridges business banking with our treasury and asset management teams. We work together to provide market-leading banking, lending and treasury services solutions that are "right-sized" for business needs and flexible to scale for future growth.

Our bankers take the time to learn about you. Once they understand your business goals, they will help you find the banking products and financial solutions that fit your needs today, and support you as your business grows.

Our secure Online and Mobile Banking gives you 24/7 access over your accounts with multi-tiered security and administrative control. Enjoy great features including eStatements, Bill Pay, account alerts & notifications, debit card lock and unlock, administrative controls and more! Our Debit Mastercard® and Business Rewards Mastercard® credit cards also work with mobile wallet technology. Best of all, First PREMIER Business Online and Mobile Banking are FREE of charge to First PREMIER Banking customers.

First PREMIER is the 11th largest ACH Originating Bank in the USA and the 14th largest issuer of Mastercard® in the country. We are also honored to have served as the bank for the State of South Dakota since 1999, as well as the bank for the City of Sioux Falls since 2004.

We serve our local, regional and national clients with pride and personal customer care. We are active supporters of more than 700 charities and non-profits and our associates give an average of 30,000 volunteer hours annually.

Get Started Today

Whether you’re starting from scratch or transferring your account, our Business Bankers can help you select a checking account to support your business needs.

Ensure Funds are in Place to Cover Transactions

Overdraft Protection

Use your First PREMIER Bank Business Savings, Money Market, or credit line to protect your business checking account from overdraft3. It’s a great way to make sure funds are in place to cover transactions and avoid expensive overdraft charges.

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First PREMIER Bank

More Savings Options

Treasury Services

Manage cash, integrate receivables, manage payables and disbursements with our turnkey suite of services.

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Business Online Banking

24/7 account access and control with FREE eStatements, Bill Pay, Debit Card lock/unlock and more.

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{1} At our discretion, we may change the interest rate daily. Interest is calculated using the daily balance method. Interest is compounded monthly and credited monthly.

{2} Savings withdrawals are generally limited to six per month. You may make an unlimited number of withdrawals when made in person, by mail or at an automated teller machine (ATM). If the monthly withdrawal limit is exceeded, a fee of $1 for each excess withdrawal will be assessed. Fees can reduce earnings on the account. 

{3} Overdraft Protection: A $12 Overdraft Protection Transfer Fee may be assessed every time the bank automatically transfers the available funds from First PREMIER Money Market and Business Savings Accounts. This fee does not apply to any manual transfer, completed online, in person or by calling Customer Care. There is no limit on the total fees we can charge you for overdrawing your account.