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