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Business Banking > Savings

Business Savings Accounts
 
This account is an interest-bearing account.  The account is available to any business small or large, sole proprietors to corporations.  Interest is calculated on the daily collected balance, compounded and paid quarterly.  There is a maintenance fee of $2 a month if your balance drops below $100.  Unlimited in-person withdrawals are allowed; fee of $1 each over four per month.  Transfer made from this account to another account or to third parties by preauthorized, automatic, telephone, or computer transfers are limited to six per month with no more than three by point-of-sale.  Minimum balance to open is $100.  Statements mailed quarterly.  Fees are subject to change.
 
Business Money Market Savings Accounts
 
This account is a limited check writing, interest-bearing account.  The account is available to any business small or large, sole proprietors to corporations.  Interest is calculated on the daily collected balance, compounded and paid monthly.  There is a maintenance fee of $10 if your balance drops below $1,000. Unlimited in-person withdrawals are allowed; fee of $1 each over four per month.  Transfer made from this account to another account or to third parties by preauthorized, automatic, telephone, or computer transfer are limited to six per month with no more than three by check, draft, debit card or similar order.  Minimum balance to open is $100.  Statements mailed monthly.   Fees are subject to change.

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