Business Savings
Regular Business Savings
An easily accessible savings account that can be opened with a relatively small dollar amount. Account may be linked to a transaction account and reported on the checking account monthly statement.
- Designed for Individuals and businesses
- Interest compounded and credited quarterly, actual/actual day basis
- limit of 3 transfers to third parties per month, unlimited withdrawals in person and at ATM $100 minimum deposit to open
- $250 minimum balance to avoid fees
- $3 per statement cycle fee if balance falls below minimum
- $1 per withdrawal in excess of 3
Business Advantage Money Market
An accessible money market invesment account for businesses. This account is not a transaction account.
- Designed for Corporations seeking short term investments
- Interest compounded and credited monthly
- Limited to 6 transfers per cycle with no more than 3 by check, unlimited withdrawals in person
- $1000 minimum deposit to open
- $1000 minimum balance to avoid fees
- $20 per month fee if balance falls below minimum
- $50 per debit in excess of limitations above
|