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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 are limited to six per month with no transfers by check, draft, debit card, or similar order to third parties.
- 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: January 17, 2012
* Annual Percentage Yield The Rate may change after the account is opened. All rates are subject to change without notice 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.’ |