Put Your Idle Cash to Work. Your business will have a better chance of prospering if it puts all its resources to best use. NewAlliance gives you a choice of ways to earn interest on your idle cash while guaranteeing the level of access you need.
- Free Business Statement Savings
Features competitive tiered interest rates with no minimum balance requirement and no monthly fees
- Premium Business Money Market Account
Pays higher interest rates than Business Statement Savings
- Business Certificates of Deposit (CDs)
Pay competitive interest rates and terms on 1-, 2-, 3- and 5-year terms
- Jumbo Certificates of Deposit
Jumbo CDs pay a fixed interest rate for terms of 7 days to 12 months. Minimum investment is $100,000 and there is no fee to open. Simple interest is paid at maturity. Funds are insured by the FDIC up to the amount allowed by law, generally up to $100,000 per depositor.