Business Banking

- Business Savings Accounts

Business Savings Accounts

An interest-bearing account ideal for businesses starting a rainy day fund

  • Initial $100 deposit required
  • Minimum $100 balance required
  • Interest-bearing account
  • Four free withdrawals each quarter (fee of $2 per transaction applies thereafter)
  • Statements mailed quarterly and available online
  • A service charge of $6 per quarter applies if balance drops below $100

Money Market Deposit Tiered Account

An interest-bearing investment savings account with few, if any, service charges

  • Initial $1000 deposit required
  • Minimum $2500 balance required to avoid service charge
  • Interest-bearing account (rate varies)
  • Statements and check images
  • Mailed monthly and available online
  • Withdrawals are limited by regulation. A service charge of $3.00 per debit can apply.
  • A service charge of $7.50 per month applies if balance drops below $2500

Tiers

Tiers upon which the interest rates are based

  • $0 - $2,499.99
  • $2,500 - $9999.99
  • $10,000 - $49,999.99
  • $50,000 - $99,999.99
  • $100,00 plus