Business Savings

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Business Savings

• $500 minimum deposit required to open account
• $10 maintenance fee if the minimum balance falls below $500 minimum during statement cycle
• Interest paid on daily collected balance
• A total of six preauthorized/telephone withdrawals per month

Business Money Market Savings

• Interest paid on daily collected balance
• $2,000 minimum deposit required to open account
• $20 maintenance fee if balance falls below the $2,000 minimum during statement cycle
• A total of six preauthorized/telephone withdrawals per statement cycle

Business Preferred Money Market Savings

• Interest paid on daily collected balance
• Tiered interest rates at $25,000, $50,000, $125,000 and $250,000
• $10,000 minimum deposit required to open account
• $20 maintenance fee if balance falls below $10,000 minimum during statement cycle
• A total of six preauthorized/telephone withdrawals per statement cycle

Business High Yield Money Market Savings

• Interest paid on daily collected balance
• Tiered interest rates at $250,000 and $750,000
• $10,000 minimum deposit required to open account
• $20 maintenance fee if balance falls below $10,000 minimum during statement cycle
• A total of six preauthorized/telephone withdrawals per statement cycle

Certificates of Deposit (CDs)

• Competitive interest rates
• Safety and stability
• Terms of 3-60 months
• Special rates and terms offered periodically
• Several interest payment options
• Penalty for early withdrawal