Thursday, July 29, 2010

Business Savings Accounts

Business Money Market

Our Business Money Market Account will earn you a higher rate of interest while allowing you flexible access to your funds. The features include:

  • Free with $2500 minimum daily balance
  • $10 per month if balance falls below $2500
  • Up to 3 free debit transactions (In excess of 3 is $5 per debit, per statement cycle)
  • Up to 50 deposited items free (In excess of 50 per statement cycle is .25 per item)

Transfers from a Money Market Account to another account or to third parties by preauthorized, automatic, telelphone, or ATM transfers (to third parties only) are limited by federal regulations to six per statement cycle.

Fees could reduce earnings on this account.

Corporate Statement Savings

You can begin to meet your savings objectives with the Corporate Statement Savings Account. The features include:

  • Minimum opening deposit $100
  • Free with a minimum daily balance of $500
  • $5.00 monthly fee for balances below $500
  • 2 free withdrawals per month (In excess of 2 per month, is $2.00 each)

Fees could reduce earnings on this account.

Certificates of Deposit

Our Certificates of Deposit offer long term savings options. With a minimum deposit of $1000 your money can earn high rates and you select the term that best meets your needs.

Federal Regulations require substantial penalty for withdrawal. All products are priced daily and are subject to change without notice.

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