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BusinessSmart Market Savings

Being prepared for everything from crises to opportunity is essential.

Grow your emergency reserves while also funding your ambitions with the BusinessSmart™ market savings account, always paired with expert service and accessibility.

Account Features | Account Comparison Tools | StearnsConnect  | FAQ | Resources


Prepare to succeed

Some things, no one sees coming. For everything else, be prepared.

Readying your business with a savings plan (and acting on it) is key to your short- and long-term success. Earn interest on any balance and manage your growing reserves, with the smart savings account that’s thinking ahead, with you in mind.

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Account Features

Simple. Smart. Rewarding. This is how we do business banking.

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We've simplified the best market savings account options, creating one easy choice. 


Bank when and where it's convenient for you. StearnsConnect online and mobile banking is always open.


Grow your money

  • 1.00% APY* if balance is $99,999.99 or less
    A balance of $0.01 is needed to earn the APY.
  • 2.02% APY* if balance is $100,000 to $499,999.99
  • 3.20% APY* if balance is $500,000 or more
  • * APY is annual percentage yield. Rates are accurate as of 03/04/2024 and subject to change at any time, including after account opening. Fees may reduce earnings.


Your savings are growing, but they're available whenever you need them, with no penalties. Find a branch location or ATM in our nationwide network.

BusinessSmart Market Savings for interest-earning business accounts

Saving is Investing

If an uncertain economy has you pulling back on making high-risk investments, remember that a savings account is an investment. It’s nothing fancy, but it’s a safe, reliable interest-earning cash flow tool built to conserve and grow for tomorrow.

See our blog: Is Opening a Savings Account Right for You?

BusinessSmart Market Savings for small business

Bring it all together

Chances are, you’re going to need multiple accounts. Combining a BusinessSmart savings account with a BusinessSmart checking account keeps your overall banking connected. Your savings can grow, while you’ve got the cashflow you need.

And, for your personal life, we recommend Above the Norm™ checking, savings and CD accounts.

See our blog: The Five Benefits of Having Multiple Business Accounts


Account Comparison Tools

Knowing potential account fees and interest rates helps you make better decisions about where and how to do your business banking. 

With no-obligation comparison tools, we make it simple for you to compare other accounts to BusinessSmart™ checking or market savings accounts.  Let's do the comparison and help you make the best decision for your business. 

Explore Comparison Tools
Online banking


Take your banking with you – everywhere you go.

StearnsConnect is the online banking platform that puts banking at your fingertips anywhere, anytime, from any device.

  • Check balances, transactions and deposits
  • Customize email and text alerts
  • View online statements
  • Transfer funds
  • Pay bills and schedule payments
  • Wire funds from your mobile phone
Learn More

Take The Guesswork Out Of Small Business Banking

Focus on your business' success instead of worrying about your banking partner. 

With enhanced FDIC coverage, your hard-earned business accounts are covered! Plus no hidden fees and industry-leading interest rates mean your money truly works for you.

Greg Haffely

"I’m happy I made the switch to Stearns Bank. Change is sometimes hard, but Stearns Bank made it easy. They went above and beyond to make me feel comfortable."

Greg Haffely
Senior Vice President, Employee Health and Benefits
Marsh & McLennan Agency LLC
Golden Valley, MN

The Stearns Bank Difference

  • Check markRecognized national top-performing bank
  • Check markWell-positioned for any economic climate
  • Check markEmployee-owned, customer-driven
  • Check markPersonal service from real people
  • Check markGuidance from dedicated experts
  • Check markNationwide lending and banking services


Frequently Asked Questions (FAQ)

What types of business accounts does Stearns Bank offer?

There are a variety of accounts available for businesses, including BusinessEssentials checking: for businesses with high balances and strong transaction volumes; and BusinessSmart checking & market savings: for businesses of all types, from start-ups to seasoned enterprises. Certificates of Deposit (CDs) are also available. Other account options are available. Contact us to learn more and discover the best fit for your business.

Does Stearns Bank offer IRAs?

Yes. Individual Retirement Accounts (IRAs) are available for personal retirement planning. Traditional and Roth IRA options available. Contact us to learn more and discover the best fit for you.

Are there cash rewards on debit card purchases?

Yes. Diamond Cash Rewards are available on Above the Norm checking, BusinessEssentials checking and BusinessSmart checking debit card purchases. See current rates for details.

Is there a minimum monthly balance requirement for Stearns Bank accounts?

Many Stearns Bank business and personal accounts DO NOT have minimum balance requirements while others, like BusinessEssentials checking DO. See specific account details for current requirements.

Is there a fee for monthly statements?

Monthly eStatements are free and can be requested within your online account (StearnsConnect) under Settings.

Paper statements, if preferred, are $5 per month.

How do I enroll in online banking?

Once your Stearns Bank account is opened, enroll in online banking by visiting the login page and choosing the type of account you’d like to enroll in. Contact the StearnsConnect electronic banking team at (888) 629-8707 if you need assistance.

Are there fee-free ATMs?

Stearns Bank customers have access to 42,000 in-network, fee-free ATMs across the country. Look for the MoneyPass and Shazam logos. You also can find in-network ATMs on the Locations/ATMs page.

Do these accounts pay interest?

Interest can be earned on certain accounts, including Above the Norm checking and market savings accounts, BusinessEssentials checking and BusinessSmart checking and market savings accounts. See specific account details for current rates.

When can I access my deposited funds?

Generally, you can access funds on the first business day after the date of receipt.

Is mobile banking available?

Yes. The StearnsConnect mobile app, you can access your account 24/7; deposit checks, view account balances, transfer funds, pay bills, and more.


Business Banking Resources

Enhanced Loan Calculator

Use this calculator to look at a variety of possible loans. Change your monthly payment, loan amount, interest rate or term.
View Calculator

Break Even Analysis Calculator

The break even analysis calculator is designed to demonstrate how many units of your product must be sold to make a profit.
View Calculator

Commercial Loan Calculator

Use this calculator to estimate your debt service coverage with a new commercial loan.
View Calculator

Business Debt Consolidation Calculator

Should you consolidate your debt? This calculator is designed to help determine if debt consolidation is right for you.
View Calculator
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