BUSINESS
SAVINGS & CDs

Attention to detail matters, especially when it comes to the financial safety net of your business. Our powerful savings solutions include all sorts of perks to give you clarity and make accumulating those extra funds a whole lot easier.

BLUE CARBON® BUSINESS SAVINGS

It’s empowering to have a bank that creates just what your business needs, like this savings account featuring no fees and no minimum balance requirement.

  • No monthly maintenance fees

  • Minimum opening deposit of $1

  • Interest earned on all balances1

  • Free Digital Banking with eBanking, eStatements and eMobile

  • Avoid $5 monthly service charge when you enroll in eBanking and select eStatements

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CERTIFICATES OF DEPOSIT (CDs)

Round out your business savings strategy with the security of our CDs, which feature flexible terms and competitive rates. These make it easy to save on your terms.

  • From six months to five year terms

  • Interest rate locked in for the entire term

  • Minimum opening deposit of $1,000 or $5,000 based upon term 

  • At CD maturity we notify you to help you plan your investment options

  • Penalty may apply for early withdrawal

SIMPLIFIED EMPLOYEE PENSION (SEP) PLAN

Your hard work today should pay off now and in the future. This retirement plan was built specifically for small business owners who want to set money aside for retirement, while helping their employees do the same. Take advantage of lower costs and increased flexibility.

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SAFE DEPOSIT BOXES

Put your most valuable things where you can conveniently access them. We offer safe deposit boxes at our Clifton, Florham Park, Glen Rock, Mahwah and Rochelle Park branches. Choose from a variety of sizes listed below. Visit a branch or our website for more information.

2" x 5" (Glen Rock only)
3" x 5"
5" x 5"
3" x 10"
5" x 10"
10" x 10"
   

The contents of your Safe Deposit Box are not protected against loss by Blue Foundry Bank® and for your protection you may wish to secure your own insurance for protection against loss with an insurance company of your own choice. You should keep a complete list and description of all your property stored in your Safe Deposit Box and any available proof of ownership.

1Rate is subject to change after account opening. Fees may reduce the earnings on the account.