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Business Banking 

 


Savings

 
BUSINESS STATEMENT SAVINGS ACCOUNT

Because we tier our interest rates, the interest earned in your savings account may increase as your balance increases. Interest is earned on the entire balance as long as a $500 average daily balance is maintained. The following service charges apply:
  • $500 average daily balance requirement to avoid charges and earn interest
  • Four withdrawals per month at no charge; .50 each withdrawal over four
BUSINESS STEP-UP MONEY MARKET ACCOUNT

Because we tier our interest rates, the interest earned in your Money Market account may increase as your balance increases. Federal regulations limit the number of third-party withdrawals to six. Three of these may be by check.
  • $10.00 monthly maintenance fee if average monthly balance per statement cycle falls below $1,500
  • $1,500 required to open account
  • Unlimited in-person and ATM withdrawals; $10 per item charge for all other withdrawals exceeding six per statement cycle
  • Five rate tiers defined by daily account balance
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