Business Savings We believe that
it is never too early to start saving - especially if you are a business
owner. Our savings accounts offer total liquidity and other benefits
to help you reach your short-term and long-term goals.
Commercial
Money Market
To
Open:
$ 1500.00
To Avoid Fees:
$1500.00
To Earn Interest:
Calculated on daily collected balance.
• No monthly service charge if
minimum daily balance is $1500; if balance falls below $1500;
there will be a $8.00 monthly fee.
• $10 excessive withdrawalfee
per withdrawal over 6 per month.
• Interest paid monthly.
Transfers
limited to six per statement cycle with no more than three
by check, draft or similar order to third parties.
Business
Savings
To Open:
$ 100.00
To Avoid Fees:
$200.00
To Earn Interest:
N/A
• No
monthly service charge if minimum daily balance is
$200; if balance falls below $200; there will be a $3.00 monthly
fee.
• Interest paid quarterly.
• $1 excessive withdrawal fee per withdrawal over 3 per
month.
Limit
3 withdrawals per month with no fee
Investment
Savings
To
Open:
$ 3000.00
To Avoid Fees:
$ 3000.00
To Earn Interest:
N/A
• No
monthly service charge if minimum daily balance is
$3000; if balance falls below $3000; there will be a $12.00
monthly fee.
• Interest paid monthly.
• $1
excessive withdrawal fee per withdrawal over 6 per month.
Limit
of six (6) transfers per statement (no more than 3 by check,
draft or third party)