• Open with a $50.00 deposit
• Maintain a minimum balance of $1,000.00 to avoid $8.00 per statement cycle service charge
• No per check charge
• Check images are returned with monthly statement
• Competitive interest rates available on qualified accounts

A Bedford Bank Business Money Market Account combines the benefits of a savings account and a checking account. Capitalize on a highly competitive rate of interest with limited check writing ability.

• Maintain a minimum balance of $1,000.00 to avoid $10.00 per statement cycle service charge
• Only 6 withdrawals (3 by check) per statement cycle
• Earn competitive tiered interest on your balance. Higher the balance, higher the rate.

Our Business Certificates of Deposits (CDs) offer a wide range of competitive terms and rates to choose from.

• Open with a $1,000.00 minimum deposit
• Maturities range from 3 months to 5 years
• Competitive interest rates
• Substantial penalty for early withdrawal

Businesses sometimes need a non-residential mortgage loans. It can be used to start a business, expand, open a line of credit, or purchase a business vehicle. For commercial loans, Bedford Federal Savings Bank offers: 

• Fixed and variable rates
• Financing up to 30 years
• Competitive rates
• Low closing costs

Notice of Rights to Loan Customers

You have a right to file a written loan application, receive a copy of our loan underwriting standards, and receive a copy of the appraisal.

Please Contact a Loan Officer for current interest rates, disclosures of closing costs, and other charges for a loan product that fits your needs. 

Credit Cards

VISA credit card programs are available to our business customers. You choose the one you prefer. Merchant services are also available.

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Wire Transfer Service

This is a convenient service for customers to send or receive funds safely and quickly. Monies can be received from or sent to anywhere in the United States.

Bedford Federal Wealth Management

Our Bedford, Indiana Wealth Advisor is located within our Bedford Bank Main Office to assist business owners with whatever their financial planning needs might be. We take a holistic approach to wealth management and are devoted to helping clients grow, preserve, and transition assets over multiple generations. Business owners seek us out as we understand the unique financial challenges they face. 

Please Contact Us with any questions you may have about our business services.