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Business Savings Products
Business Money Market Investment Account
Offers competitive interest rates, liquidity and easy
access to your funds.
Features
 | No monthly maintenance fee of with minimum daily
balance of $1,000 |
| Monthly statement provides imaged checks |
| Simple interest paid using average daily balance
method of calculation on daily collected balance figured on a 365 day
basis and credited to account weekly |
| Multiple tiers of interest based on balance level. |
|
Interest paid weekly |
| Deposits can be made at
anytime |
| Unlimited withdrawals by mail or in person |
| Regulation D limits pre-authorized electronic or
telephone withdrawals to six per statement period, only three of these
six may be checks |
| See Fee Schedule for
miscellaneous charges |
| Balance |
Interest
Rate |
Monthly
Fees |
Minimum
to Open |
| $0 - $9,999 |
Savings Rate |
$10.00 if below $1,000 |
$1,000 |
| $10,000 - $49,999 |
Variable |
None |
|
| $50,000 or More |
Variable |
None |
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Business Statement Savings Account
Features
| No monthly fee with minimum daily balance of $500 |
| Monthly statement provided |
| Interest credited quarterly |
| Daily balance method is used to calculate interest
(This method applies a periodic rate to the balance in the account
each day.) |
| Deposits and withdrawals can be made at any time |
| See Fee Schedule for
miscellaneous charges |
| Minimum
Balance |
Monthly
Fees |
Minimum
to Open |
| $500 Daily |
None |
$500.00 |
| Under $500 Daily |
$5.00 |
|
| 0-5 monthly withdrawals |
None |
|
| 6 + monthly withdrawals |
$0.50 each |
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Business Capital Investor Accounts
Features
| No monthly maintenance fee with minimum daily balance
of $2,000 |
| Monthly statement provides Imaged checks |
| Simple interest paid on daily collected balance
figured on a 365 day basis and credited to account monthly on
statement date |
| Interest rate based on 91 day T-Bill rate determined
monthly on the 3rd Tuesday and effective the first of the following
month |
| Multiple tiers of interest based on balance level |
| Unlimited withdrawals by mail or in person |
| Regulation D limits pre-authorized electronic or
telephone withdrawals to six per statement period, only three of these
six may be checks |
| See Fee Schedule for
miscellaneous charges |
| Balance |
Interest
Rate |
Monthly
Fees |
Minimum
to Open |
| $0 - $24,999 |
Savings Rate |
$15.00 if below $2,000 |
$1,000 |
| $25,000 - above |
91 day T-Bill Rate |
None |
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