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Savings, CDs & Money Market

Put your business funds to work

Let us help you integrate one or more of these accounts into your overall cash management system to save time and make effective use of available funds.

Premium Money Market Account


Get CD rates without locking up your money! For personal or business use. 

  • Now paying 1.57% APY1 on $25,000 or more
  • FDIC insured safety up to $250,000 (for deposits of more than $250,000, check out our CDARS program)
  • FREE electronic banking – Includes basic online banking, mobile banking and eStatements2 with check images
  • FREE ATM use at any Hawthorn ATM and hundreds of ULTRA ATMs
  • Monthly paper statements are available for a reduced APY of 1.41%.1
  • Up to 6 withdrawals per statement cycle
  • Open your account with $25,000 or more
  • $25 monthly service charge is waived when you keep a balance of $25,000 or more 
Opening deposit of $25,000 transferred from another financial institution.  Funds transferred from an existing Hawthorn Bank account do not count toward the qualifying minimum opening deposit required for this account.
 

Business Money Market


Earn interest with FDIC insured safety and still have convenient access to your funds.

  • FDIC insured safety up to $250,000 (for deposits of more than $250,000, check out our CDARS program)
  • FREE electronic banking – Includes basic online banking, mobile banking and eStatements2 with check images
  • FREE ATM use at any Hawthorn ATM and hundreds of ULTRA ATMs
  • Up to 6 withdrawals per statement cycle
  • Open your account with $1,500 or more
  • $10 monthly service charge is waived when you keep a balance of $1,500 or more

Business Savings Account


Earn interest on your business funds, while keeping it within easy reach.

  • FDIC insured safety up to $250,000 (for deposits of more than $250,000, check out our CDARS program)
  • FREE electronic banking – Includes basic online banking, mobile banking and eStatements2 with check images
  • FREE ATM use at any Hawthorn ATM and hundreds of ULTRA ATMs
  • Up to 6 withdrawals per statement cycle
  • Open your account with $200 or more
  • $3 monthly service charge is waived when you keep a balance of $200 or more 
To start a conversation with one of our business bankers, find our nearest location.

CDs

Our Certificate of Deposit (CD) terms range from three months to five years, all with competitive rates, guaranteed performance and FDIC insured safety up to $250,000. For deposits of more than $250,000, check out our CDARS program.

23-Month CD Special

  • Now paying 2.50% APYon $10,000 or more
  • FDIC insured safety up to $250,000 (for deposits of more than $250,000, check out our CDARS program)
  • $10,000 minimum opening deposit
  • Penalty will be imposed for early withdrawal

10-month CD Special

  • Now paying 2.35% APYon $10,000 or more
  • FDIC insured safety up to $250,000 (for deposits of more than $250,000, check out our CDARS program)
  • $10,000 minimum opening deposit
  • Penalty will be imposed for early withdrawal

Use these calculators to see how your savings will increase.

Certificate of Deposit Calculator
Determine how much interest you can earn on a CD.

CD Ladder Calculator
Could you benefit from investing business funds in a series of CDs with different maturities?



CDARS

More safety for deposits over $250,000


Through the CDARS program, enjoy the safety of FDIC insurance even on deposits of more than $250,000, while you earn competitive CD interest with a trusted local source. Contact us today about CDARS.

To start a conversation with one of our business bankers, find our nearest location.

1 Annual Percentage Yield (APY) accurate as of October 30, 2018. Rates may change at any time. Fees may reduce earnings.
2 In order to avoid a $3.00 paper statement fee, you must enroll in online banking, opt in for eStatements and maintain an active online banking enrollment. An active online banking enrollment is maintained by logging into your online or mobile banking account at least once every 120 days. If requirements are not met, you will automatically receive paper statements and your account will be charged $3.00 per month.