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Benefit from a competitive interest rate on a Business Savings Account! Save for a new company car, a rainy day or use this account for an overdraft protection account. Our low minimum balance requirement allows you to waive the nominal monthly maintenance fee.
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- Monthly maintenance fee: $3.00.
- Average daily balance to avoid maintenance fee: $300.
- Minimum opening deposit: $100.
- Interest paid on all collected balances.
- Transfers from a savings account to another account or to third parties by preauthorized, automatic or telephone transfers, checks, drafts, and debit card or other similar transactions are limited to six per month.
- Excess withdrawal fee: $5 per withdrawal for each transaction in excess of the above described limits.
- Free notary service.
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Business Savings Rates and Yields
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| Account |
Interest Rate |
APY* |
| On all collected balances |
.25% |
.25% |
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The APY is accurate as of: May 1, 2012 * Annual Percentage Yield All rates are subject to change without notice. The Rate may change after the account is opened. Fees could reduce the earnings on the account.
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| Customer Identification Program Policy |
| The standard FDIC deposit insurance amount is $250,000 per depositor, per insured bank, for each ownership category. For more information and to calculate your deposit insurance coverage click ‘Calculators’ and then go to the link, ‘FDIC – EDIE the Estimator.’ |