This is our special account designed for businesses that want to maximize their earnings with competitive tiered market rates without giving up access to their money or security of FDIC insurance.
| Required Opening Balance |
$1,000 |
| Balance to Avoid Service Charges |
Minimum Daily Balance of $2,500 |
| Monthly Service Charges |
$10 per Statement Cycle |
| Interest Payment |
Compounded Daily, Paid Monthly |
| Transaction Limitations |
Transfer from a Business Money Market account to another account or third party by preauthorized, automatic, telephone or computer transfer or check, draft, debit card or similar order are limited to six per monthly statement cycle. |
Benefits
Effective 03/01/2010
|
From
|
To
|
Interest Rate
|
Annual Percentage Yield
|
| 0 |
9,999.99 |
.25% |
.25% |
| 10,000 |
99,999.99 |
.45% |
.45% |
| 100,000 |
199,999.99 |
.75% |
.75% |
| 200,000 |
274,999.99 |
.95% |
.95% |
| over 275,000 |
1.04% |
1.05% |
|
* FREE Unlimited Teller Access
* FREE Online Banking
* FREE Notary Services
* FREE Business Debit Card
* FREE Treasury Tax and Loan Services
* FREE Night Depository
* FREE Monthly Imaged Statement
* Merchant Services Available
* Wire transfer service Available
* Commercial Deposit Courier Service Available |
-
Annual Percentage Yield assumes minimum required balance is maintained for a period of one year
-
Interest Rates are subject to change at any time.
-
Annual Percentage Yields are accurate as of effective dates listed. Fees could reduce the earnings on the account.