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Celebrate Small Business Month with 5.55% APY1

Open a Business Solutions Savings account and earn 5.55% APY1 for 5 months—guaranteed.

Let’s build a strong future for
your business.

Our business bankers take the time to understand your business and your goals then find time-saving solutions that let you focus on what you do best.
 

We can help you with everything from payables and receivables to cash flow to protecting your business from fraud. Stop by a Flagstar branch today to get started.

Business Solutions Savings 5.55% APY

1Annual Percentage Yield (APY) is accurate as of 5/20/2024. Tier 1 $25,000.00 - $999,999,999.99 features an annual percentage yield of 5.55%. Tier 2 $0 - $24,999.99 features an annual percentage yield of 0.10%. Initial minimum opening deposit to earn the higher interest rate on the Business Solutions Savings account is $25,000.00 and must be “New Money,” which is defined as money that is not currently on deposit in any Flagstar Bank account (except maturing CDs). Additionally, (i) account must be funded within 60 days of the approval date and (ii) early account closure fee and reclamation of interest paid may be imposed for accounts closed within 180 days. The 5.55% APY is guaranteed for the first 5 months after account opening. After the promotional period, the account will earn the posted interest rate of the Business Solutions Savings account, which is a variable rate and subject to change. A maintenance service charge of $5 will be imposed every statement cycle if the average daily balance in the account is less than $500. Not available for public units. Fees may reduce earnings. Limited time offer. Area restrictions may apply.