BUSINESS BANKING – Savings

  Business  Savings
Opening Balance Requirement $100
Monthly Fee $2 if average daily balance falls below $100
Minimum Balance to Avoid Monthly Fees $100
Interest Earning Yes
Deposit Limits No
Withdrawal Limits Yes*
Additional Benefits Online Banking, ATM Card

*See Terms and Conditions of the Account

Business Savings

  • Interest† compounded & credited to your account quarterly
  • Monthly Service charge of $2.00 imposed if balance falls below $100.00
  • Limited to 6 transfers or withdrawals per month by electronic means
  • Fee is waived for account holders age 62 and older, or 17 and under **
  • Quarterly Statement
  • $100.00 deposit required to open account

 

†Variable interest rate may be changed at any time
**Account holder must notify the bank upon change of status