HomeTown Bank has several savings account options to make your dollars work as hard as you do.

Premier Money Market Sweep

An automatic investment solution that allows you to earn a competitive yield on your excess business checking account balances that would otherwise be sitting idle. The sweep savings account uniquely combines a business checking account with the ease of automatically investing excess cash in an interest-bearing, FDIC-insured sweep account.

Benefits Include:

  • Increase returns on idle balances
  • Enjoy unlimited check writing privileges
  • Streamline time spent managing multiple accounts
  • No prospectuses or daily notices
  • Retain deposits in the community

Premier Sweep can also be linked to your line of credit, maximizing your flexibility while minimizing your daily efforts.

High Yield Business Money Market

A secure savings option offering liquidity and a competitive rate of return. Funds can be accessed at the bank, transferred online, by check, or at the ATM. Offers a tiered interest rate, which provides businesses that maintain a higher qualifying balance the opportunity to maximize their interest.

Business Savings

A basic savings account to keep extra cash, with a surprisingly low $300 balance to avoid a monthly fee. Both the High Yield Money Market and Business Savings accounts above can be linked to your checking account for overdraft protection.

Business Certificates of Deposit

Our Business CDs are a great vehicle for locking in a competitive interest rate on otherwise idle cash that's budgeted for future projects or needs. Choose a maturity that works best for your business, ranging from 30 days to 5 years. For your convenience, you will be notified when your CD matures and will automatically renew following a seven-day grace period after the maturity date.


HomeTown Bank offers two services Certificate of Deposit Account Registry Service (CDARS) and Insured Cash Sweep (ICS)  for those individuals and businesses interested in higher FDIC insurance coverage for CD or money market products.


  • FDIC Coverage on CDs up to $50 Million
  • Monthly statement detailing CD balances
  • Receive one 1099 statement on entire investment
  • Wide range of maturity options available
  • Penalty for early withdrawal will apply
  • Work directly with HomeTown Bank


With ICS, you can access multi-million-dollar FDIC protection on your savings deposits.

  • Put excess balances to work in an interest-bearing savings account
  • Withdraw ICS funds up to six times per month
  • Work directly with HomeTown Bank


Federal regulation allows unlimited in-person and ATM withdrawals on all savings and money market accounts. However, regulations limit pre-authorized automatic or telephone transfers or withdrawals to six per month. Fees may apply for exceeding transaction limits.