Business Savings and Investment accounts offer businesses of all sizes a way to save money as their businesses grow. Short-term investment accounts, including savings, sweeps, and money market accounts, allow businesses to preserve principal and earn interest. Longer term investments include Certificates of Deposit and CDARS. These investments provide a higher yielding investment rate for your business. Our CDARS Program allows depositors to receive FDIC insurance of up to $25,000,000 with competitive rates.

Business Savings Accounts
The Business Savings Account provides idle money the opportunity to earn interest with the ability to access the funds as needed. Business Sweep Accounts: This account is a combination business checking account linked to an interest-bearing investment account. The interest-bearing investment account allows businesses to earn interest on their excess cash balances. The interest rate is tiered, based on available cash balances.

Business Money Market
These accounts are higher yielding investment accounts that have limited transfers, withdrawals, and checking-writing per month. They combine the benefit of interest-earning with easy access. The interest rate is tiered and you are limited to six transfers per month of which no more than three may be made by check, point of sale or similar order payable to third parties.There is easy access to all accounts using National Bank of Middlebury’s Business eCorp.

CDARS, Certificate of Deposit Account Registry Services
This investment service allows businesses to deposit idle cash into certificates of deposit that are enrolled into the CDARS Program. The program provides competitive rates and terms, while allowing the depositor to exceed the FDIC threshold of $1,000,000. In fact, businesses can deposit up to $25,000,000 and maintain the FDIC insurance.