FDIC-Insured - Backed by the full faith and credit of the U.S. Government
YOUR PARTNER IN GROWTH
Built for Today’s Entrepreneurs
Piermont Bank delivers more than banking. We deliver a powerful combination of entrepreneurial guidance based on our own experience and business-focused services, like our high-yield money market account.
Open a High Yield MMA Account
High-Yield Meets High-Touch
Earn competitive returns while getting fast, personal support from a team that understands your business.
Strong & Secure Earnings
Earn strong return on your funds of up to 3.75% APY*
Secured FDIC-insured accounts. Multi-million-dollar FDIC insurance coverage is available.
No monthly fee if you maintain a low monthly average balance of $1,000.
Access & Fast Response
Access to flexible lending solutions for high-growth companies.
Access to world-class online and mobile banking 24/7.
Timely response from a high-touch banker, no 1-800 numbers.
Fast, Secure, and Fully Digital – Get Started Today
Open Your Business Account in Just 10 Minutes
The Easiest Way To Apply
Starting your high-yield business savings journey is simple. Just gather a few essential details, complete the application in minutes, and start earning more on your savings – all from the comfort of your office (or anywhere).
Faster Approvals, Bigger Savings
The application should take no more than 10 minutes to complete. Many applications are verified instantly while some may require a quick document review. Either way, you'll be on your way to growing your business savings in no time.
What You’ll Need
- Legal business name, address and phone number.
- Tax Identification Number (TIN/EIN).
- Articles of Incorporation (for S-Corps, C-Corps, and Corporations).
- Operating Agreement or Bylaws (if applicable).
- Business License (if required for the state of inquiry).
- Information on beneficial owners (anyone with 25%+ ownership).
- Personal details (name, date of birth, SSN, address) for all owners and key control persons.
- Government-issued ID (Driver's License or Passport) for all key owners/signers.
The Piermont Difference
We started Piermont Bank to serve the business leaders of tomorrow — because we know what it’s like to lead a business ourselves.
Whether you’re a small company on the rise or a larger one angling to take the next step, we’ve been there.
No matter what your background, you can trust us to offer personalized guidance and banking solutions based on years of entrepreneurial experience.
