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Business Savings

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