Business Savings

Business Savings Account

SECURE.  EARNING.  THERE WHEN YOU NEED IT.

  • Opening balance requirement: $100
  • No minimum balance requirement to earn interest (View Current Interest Rates)
  • No monthly maintenance fee
  • Interest compounded daily based on ledger balance, paid quarterly
  • Quarterly statement cycle
  • Pre-authorized transfers or withdrawals are limited to six (6) per calendar quarter, or statement cycle, of which no more than three (3) may be by internal transfer.
  • Excessive withdrawals may result in a fee
  • Consistent excessive withdrawals will result in the account being converted to a demand deposit account
  • Unlimited withdrawals can be made in person
  • Imaged Statements