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Business Savings Options

Commercial Savings

  • Minimum opening deposit $100
  • With a minimum daily balance below $200, monthly fee $4.00
  • Two free withdrawals per month
    • Each additional withdrawal $3.00
  • Quarterly Statement
  • Competitive rate of interest compounded daily using collected balance and credited quarterly to account.
  • See "Transfer Limitations"*

Commercial Prime Savings

  • Earn preferred rates on higher balances
  • Minimum opening deposit $2,500
  • With a minimum daily balance below $200, monthly fee $4.00
  • Two free withdrawals per month
    • Each additional withdrawal $3.00
  • Quarterly statement
  • Competitive rate of interest compounded daily using collected balance and credited quarterly to account.
  • See "Transfer Limitations"*

Commercial Money Market

  • Minimum opening deposit $2,500
  • With a minimum daily balance below $1,000, monthly fee $5.00
  • A per item fee of $5.00 will be charged for each debit transaction by check draft or similar order to third parties in excess of three.
  • Competitive rate of interest compounded daily using collected balance and credited monthly to account.
  • See "Transfer Limitations"*

*Transfer Limitations: Transfers from Savings or Money Market accounts to another account or to third parties by preauthorization, automatic or telephone transfers are limited to six per month with no more than three transfers by check, draft or similar order to third parties.

 
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