Salaam Business Banking

Salaam Business Checking 

The Salaam Checking Account is an interest-free account that can help you meet your day-to-day business banking needs. The Salaam Checking Account has no minimum balance requirement and no maintenance fees. It also includes waived fees on up to five international wire transfers per month so you can pay your clients internationally effortlessly.

Salaam Business Market Savings

Earn interest-free profit-based returns on your deposits through Stearns Bank’s Salaam Savings Account. We offer profit sharing with an expected profit derived from Stearns Bank’s Islamic Banking Division financing portfolio. Your funds are not invested in interest-bearing instruments and are kept separate from interest-bearing deposits.

Stearns Bank also offers customized solutions to extend FDIC insurance well beyond the $250,000 limit so that your funds remain secure.

Salaam Nonprofit Banking Solutions

Nonprofit organizations like schools and mosques can finally start to earn interest-free returns on their deposits through the Salaam Nonprofit Savings Account. We offer profit sharing with an expected profit derived from Stearns Bank’s Islamic Banking financing portfolio. Our Salaam Nonprofit Checking Account is perfect for operational needs like accepting donations, paying utility bills, and payroll.

All of our Salaam Nonprofit accounts are interest-free and we offer customized solutions to extend FDIC insurance beyond $250,000.