Business Savings Accounts
We offer several solutions to meet the savings needs of small businesses. From our Basic Business Savings account to our Business Money Market account to our CDs, we have the products you need to successfully run your business.
| Basic Business Savings | Business Money Market | |
|---|---|---|
| Maintenance fee | $5 monthly maintenance fee unless $200 minimum daily balance requirement is met | $15 monthly maintenance fee unless $15,000 minimum daily balance requirement is met |
| Balance Requirements | $200 to open | $15,000 to open |
| Interest Rate* | No minimum balance requirement to earn interest | Tiered interest rates. $2,000 minimum daily balance requirement to earn interest |
| Transaction Limitations** | Maximum six (6) withdrawals per statement cycle, $3 each withdrawal over the maximum | Maximum six (6) withdrawals per statement cycle, $10 each withdrawal over the maximum; unlimited ATM transactions |
| Basic Business Savings | |
| Maintenance Fee | $5 monthly maintenance fee unless $200 minimum daily balance requirement is met |
| Balance Requirements | $200 open |
| Interest Rate* | No minimum balance requirement to earn interest |
| Transaction Limitations** | Maximum six (6) withdrawals per statement cycle, $3 each withdrawal over the maximum |
| Business Money Market | |
| Maintenance Fee | $15 monthly maintenance fee unless $15,000 minimum daily balance requirement is met |
| Balance Requirements | $15,000 to open |
| Interest Rate* | Tiered interest rates. $2,000 minimum daily balance requirement to earn interest |
| Transaction Limitations** | Maximum six (6) withdrawals per statement cycle, $10 each withdrawal over the maximum; unlimited ATM transactions |
*For current interest rates please contact one of our branches.
**Federal regulations require us to limit the number of preauthorized, automatic, telephone transfers (including facsimile or electronic data transfer), and transfers to third parties, including checks or point of sale transactions, to six per statement cycle.
For more information or to open an account, please see a Branch Manager or Personal Banker at one of our conveniently located branches.
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