You never stop working for the success of your business, and your money should never stop working for you. Let San Diego National Bank’s team of relationship bankers find a solution to grow your money — and your business. To learn more, contact your local branch.
An all-purpose savings account that allows you access to your cash, while earning interest on your idle funds.
A great option for your liquid business investments, with competitive rates of return, unlimited withdrawals in person and limited check writing.
Certificates of Deposit offer a reliable way to grow your savings with a fixed, guaranteed rate of return and a variety of terms to fit your needs.
We offer a variety of terms for our Regular Certificates of Deposit, ranging from one month to three years. All regular Certificates of Deposit may be opened with a minimum deposit of $2,500 and earn interest on the entire balance.
Jumbo Certificates of Deposit are perfect for the account holder interested in investing a large amount of money and earning a higher rate of interest. Terms for Jumbo Certificates range from one month to three years. Jumbo Certificates may be opened with a deposit of $100,000 or more.
Retirement plans are a low-cost way to attract and keep valuable employees. They allow both you and your eligible employees to plan for a more secure future while enjoying tax benefits today.
A SEP IRA is frequently used by small businesses or self-employed individuals. Contribution limits are established by the IRS each year. Funds are contributed by the employer for each eligible employee. Employers are not locked into making contributions each year.
A SIMPLE IRA plan is for employers who have 100 or fewer employees. Contributions are made by employee salary deferrals and employer matching funds. Contribution limits are established by the IRS and include catch up amounts for employees who are at least 50 years old. Employers can match employee contributions up to 3.00% of wages for employees who defer or make a fixed 2.00% contribution for each eligible employee. SIMPLE IRA plans offer many of the benefits of traditional 401(k) plans, but have fewer administrative requirements and costs.
Profit sharing plans are also available to employers or self-employed individuals. Contributions are made by the employer for each eligible employee. Contributions limits for these plans are established by the IRS. Profit sharing plans provide the employer with the flexibility to choose whether or not a contribution will be made each year.