It is a prudent business practice to put funds aside for scheduled loan and tax payments and other planned business expenditures. So, where do you put them? Transfer funds to a Business Statement Savings Account at Hendricks County Bank and earn a competitive interest rate on the deposit. When it's time to use the money for scheduled payments, transfer the funds back to your company checking account. It's easy-and very prudent.
When you are ready to move up to the next level of savings, the Business Money Market Savings Account at Hendricks County Bank lets you write checks on an account that pays a Money Market rate of interest. You get the best of both worlds!
Even higher rates of interest are available to you-when you open a Time Certificate of Deposit at Hendricks County Bank. You can lock in a competitive short-term interest rate, or choose a multi-year CD that earns a substantially higher rate of interest. Click on "Deposit Rates" on the menu to view current rates and maturities.