Savings

Business Savings

Basic savings for businesses to set aside funds.

  • $100 minimum opening deposit

  • No monthly maintenance fee if average daily balance remains above $100 
    (nominal $10 monthly fee otherwise)

  • Interest compounded and paid quarterly on average daily balance

  • Six free withdrawals per month ($10 per additional withdrawal)*


Business Money Market

Designed for all business customers who want the benefit of liquidity combined with higher interest rate earning power.

  • $2,500 minimum opening deposit

  • No monthly maintenance fee if average daily balance remains above $2,500 (nominal $10 monthly fee otherwise)

  • Six free withdrawals per month ($10 per additional withdrawal)*

  • Tiered and variable interest rates

  • Higher interest rates for higher balances

  • Interest compounded and paid quarterly on average daily balance


Business Premium Money Market

This is a premier savings option that rewards higher balances with higher returns.

  • $25,000 minimum opening deposit

  • No monthly maintenance fee if average daily balance remains above $25,000 (nominal $10 monthly fee otherwise)

  • Six free withdrawals per month ($10 per additional withdrawal)*

  • Tiered and variable interest rates

  • Higher interest rates for higher balances

  • Interest compounded and paid quarterly on average daily balance

* Federal Regulation restricts the number of telephone transfers, online banking transfers, checks, check card transactions, and preauthorized transfers on all savings and money market accounts to 6 per month, but unlimited transfers and/or withdrawals are allowed if done in person, by mail, at an ATM, or for loan payments at our bank. 

 

Contact us today for current interest rate information.