Our Business Savings is designed for businesses that prefer a more stable and traditional savings account.
| Required Opening Balance |
$100 |
| Balance to Avoid Service Charges |
Minimum Daily Balance of $300 |
| Monthly Service Charges |
$5 per Statement Cycle |
| Interest Payment |
Compounded Daily, Paid Monthly |
| Excessive Item Charge |
None |
| Transaction Limitations |
Transfer from a Business Savings account to another account or third party by preauthorized, automatic, telephone of computer transfer or debit card or similar order are limited to six per monthly statement cycle . |
|
Benefits
Effective 11/03/2008
|
From
|
To
|
Interest Rate
|
Annual Percentage Yield
|
| 0 |
9,999.99 |
.06% |
.06% |
| 10,000 |
99,999.99 |
.12% |
.12% |
| 100,000 |
199,999.99 |
.50% |
.50% |
| over 200,000 |
.75% |
.75% |
|
* 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.