BUSINESS SAVINGS

The Business Savings Account is the simplest way to begin building up a cash reserve for your company.  With interest earned on your entire balance you can make your money work for you.

Benefits

  • No monthly service fee no matter how much your account balance goes up or down.
  • $100 minimum deposit to open the account.
  • Unlimited deposits.

  • Unlimited transactions if done in person, by mail, through ATM or over the phone (with the check sent through the mail).*

  • Tiered market-based interest paid.

  • Deposits insured by the FDIC up to $250,000.

  • Receive statements quarterly.

Business Savings Account

BUSINESS SAVINGS ACCOUNT
MINIMUM TO OPEN ACCOUNT $100.00
MAINTENANCE FEE $0.00
DEPOSIT RETURN ITEM FEE $12.50
INTEREST TIERED
OVERDRAFT FEE $35.00
INCOMING FED WIRE $15.00 DOMESTIC $45.00 FOREIGN
OUTGOING FED WIRE $30.00 DOMESTIC $50.00 FOREIGN
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Important Account Information
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* Limitations on frequency of transfers – During any calendar month, you may not make more than six withdrawals or transfers to another account of your or to a third party by means of a preauthorized or automatic transfer or telephone order or instruction, or by check, draft, debit card or similar order to a third party. If you exceed the transfer limitations set forth above in any statement period, your account will be subject to closure by the financial institution.