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On Monday, May 27th, all of our financial centers and offices will be closed in observance of Memorial Day.  Our ATMs, online and mobile banking are always available, get started with online banking here!

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Savings

Planning well means saving and investing for the future of your business. Ledyard offers a variety of ways to help you do that.

Special Offer 

bizmm_Homepage_900x900_2-50.pngOpen a new Business Money Market account with $25,000 in new-to-bank money and earn 2.50% APY*.

Open online or visit any of our financial centers to take advantage of this special offer.  
 

Open Business Money Market

 






 

BUSINESS STATEMENT SAVINGS ACCOUNT

Open Business Statement Savings

 

Because we tier our interest rates, the interest earned in your savings account may increase as your balance increases. Interest is earned on the entire balance as long as a $500 average daily balance is maintained.




BUSINESS MONEY MARKET ACCOUNT

Because we tier our interest rates, the interest earned in your Money Market account may increase as your balance increases. 
 

  Business Statement Savings  Business Money Market
Minimum Balance $500 average daily balance to earn interest $1,500 required to open account
Monthly Maintenance Fee No $10.00 if average monthly balance per statement cycle falls below $1,500
Deposit Fee No No
Items Deposited Fee No No
Check Paid Fee/Withdrawal Charge No Unlimited in-person and ATM withdrawals
Interest Paid Yes Yes - Five rate tiers defined by daily account balance
Earning Credit No No
 
 

Use the form below to contact us for more information about our Business Savings Accounts.

 

* The annual percentage yield (APY) disclosed above, effective March 13, 2024, is available if new account is opened with a minimum deposit of $25,000 in new money not currently on deposit with Ledyard National Bank. Interest accrues daily, no minimum balance. Free eStatements or $3.00 monthly service fee for printed statements. Fees may reduce earnings. The annual percentage yield may change in accordance with the terms and conditions of the account. This offer cannot be combined with other offers and may be discontinued at any time.

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