Business Savings Account — First Hawaiian Bank

Safeguard your company’s working capital while earning interest and maintaining ready access to funds with the Business Savings Account from First Hawaiian Bank. Designed for small and growing businesses, nonprofit organizations, and professional practices, this account blends liquidity, simplicity, and reliable service so you can focus on running your business rather than managing cash flow minutiae.

Why choose a business savings account?

A dedicated business savings account helps separate operating cash from reserves, supports short- and mid-term savings goals, and provides a secure, interest-bearing place for funds you don’t need for day-to-day transactions. Using a savings account strategically makes it easier to plan for seasonal expenses, tax obligations, capital investments, and unexpected costs without compromising operational accounts.

Key features

• Interest-bearing balance: Your deposited funds earn interest, helping your reserves grow over time. Competitive rates are provided with tiered options depending on balance levels.
• Low minimums and flexible requirements: Account structures are designed to accommodate a variety of business sizes, from sole proprietors to mid-sized organizations; minimum balance requirements and fee waivers may apply.
• FDIC protection: Deposits are insured up to applicable limits by the Federal Deposit Insurance Corporation (FDIC), providing an added layer of security for eligible deposits.
• Online and mobile access: Manage your savings wherever you do business — view balances, transfers, and statements with secure online banking and the First Hawaiian Bank mobile app.
• Easy transfers: Link your business checking and savings accounts for seamless transfers, automatic sweeps, and budgeting control.
• Account alerts and reporting: Set up balance alerts, daily or monthly notifications, and download detailed account reports to simplify bookkeeping and reconciliation.
• Professional support: Access local banking professionals and business relationship managers who understand the unique needs of Hawaii-based and Pacific-region enterprises.

Benefits for your business

Opening a Business Savings Account helps you govern cash reserves with discipline while preserving flexibility. Key benefits include:

• Improved cash management: Maintain a clear separation between operating funds and savings, improving budgeting and financial visibility.
• Preparedness for opportunities and contingencies: Build a reserve to cover investment opportunities, seasonal slowdowns, or unexpected expenses without tapping lines of credit.
• Lower risk, accessible liquidity: Savings accounts offer a conservative place for funds that must remain liquid but still benefit from interest accrual.
• Streamlined treasury operations: Combine savings with other business banking services to centralize cash flow, payroll, payments, and receivables management.

Security and convenience

Security is a priority. Online and mobile banking are protected by multi-layer authentication and encryption, while account monitoring and alert tools help detect unusual activity early. Additionally, First Hawaiian Bank provides robust customer support and local branch access so you can resolve questions, request documentation, or meet with a business banker in person.

How to get started

Opening a Business Savings Account is straightforward. You'll typically need basic business documentation, such as a business license or registration, EIN or taxpayer identification, and personal identification for authorized signers. Accounts can be opened at a local branch, through business banking specialists, or via the bank’s online application process where available. A relationship banker can help you choose the account structure that aligns with your balance expectations and cash management needs.

Who it’s right for

The Business Savings Account is well suited for:

• Small businesses and startups looking to separate operating funds from savings
• Established companies maintaining short- to mid-term reserves
• Nonprofit organizations managing designated funds
• Professional practices and sole proprietors aiming for greater financial organization and predictability

Additional services and upgrades

As your financial needs evolve, First Hawaiian Bank offers a suite of complementary services that integrate with your savings account — from business checking and merchant services to ACH, wire transfers, and more advanced treasury solutions. Ask a business banker about relationship pricing, sweep options, and other tools designed to improve yield and operational efficiency.

Transparent terms and personalized guidance

Fees, minimum balance requirements, and interest tiers can vary. First Hawaiian Bank is committed to transparent account disclosures and personalized guidance so you understand how the account fits into your overall financial strategy. Speak with a local business banker to review current rates, fee schedules, and the account terms that apply to your business.

Take the next step

Strengthen your company’s financial foundation by establishing a disciplined, interest-bearing savings strategy. Contact a First Hawaiian Bank business banker to learn more about the Business Savings Account, request tailored recommendations, and begin building reserves that support growth, stability, and opportunity.