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BUSINESS BANKING - Business Savings


Business Accounts Brochure

BUSINESS MONEY MARKET SAVINGS
The Business Money Market Savings Account is the perfect cash management account for your business. Earn an attractive rate of interest with the convenience of withdrawal by check.

Description: Money market rate savings account
Interest: Five tiers — up to $9,999.99, $10,000.00–$24,999.99, $25,000.00– $249,999.99, $250,000.00 - $499,999.99, $500,000.00 and above
Account features: Unlimited withdrawals in person, limited to six transfers or withdrawals to third parties per statement cycle, three may be by check.
Average daily ledger balance to avoid service charge: $5,000
Monthly service charge:  $25
Initial deposit to open account: $1,000
Activity based service charges:
(not waived by meeting balance requirement)
$10 per non-exempt transfer over six, also see our other fees and related services schedule for individual item costs.

BUSINESS SAVINGS
Park your cash reserves in a Business Savings Account and watch them grow. Set up a savings plan with an automatic transfer from your operating account. Earn a solid interest rate while you accumulate extra cash for tax payments or major purchases.

Description: Liquid savings account
Interest: All balances
Account features: Unlimited withdrawals in person, limited to six transfers or withdrawals to third parties per statement cycle.
Average daily ledger balance to avoid service charge: $1,000
Monthly service charge: $10
Initial deposit to open account: $500
Activity based service charges:
(not waived by meeting balance requirement)
$1 per non-exempt transfer over six, also see our other fees and related services schedule for individual item costs.

Certificate of Deposit
Enjoy higher rates plus peace of mind with our FDIC-insured certificates. With FDIC insurance, your deposits are covered up to $100,000 in the case of bank failure. Lock in your rate for as few as seven days to as long as five years. Please call our branch representatives for current rates.



 
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