Business Savings


To open this account, you must deposit at least $25.00. A maintenance fee of $1.00 will be imposed every month if the daily balance in the account falls below $25.00 any day of the month.

You may not make more than six (6) transfers and withdrawals from your account per month by means of a preauthorized or automatic transfer or telephone (including data transmission) agreement, order or instruction or by check, draft, debit card or similar order payable to third parties. An Excessive Debit Fee of $3.00 will be charged if this limit is exceeded.

 

 The interest rate is 0.10% with an Annual Percentage Yield of 0.10%

Fees may reduce earnings.




Business Money Market


The minimum balance for a Business Money Market is $2,500.00.

Daily Balance

Interest Rate

Annual Percentage
Yield

$0 - $2,499.99 0.10% 0.10%
$2,500 - $9,999.99 0.10% 0.10%
$10,000 - $24,999.99 0.15% 0.15%
$25,000 - $49,999.99 0.20% 0.20%
$50,000 - $99,999.99 0.25% 0.25%
$100,000 and over 0.30% 0.30%

Rates may change after account is opened.

You may not make more than six (6) transfers and withdrawals from your account per month by means of a preauthorized or automatic transfer or telephone (including data transmission) agreement, order or instruction or by check, draft, debit card or similar order payable to third parties. An Excessive Debit Fee of $3.00 will be charged if this limit is exceeded.

A maintenance fee of $6.00 will be imposed every month if the daily balance in the account falls below $2,500.00 any day of the month. Fees may reduce earnings.

 




Service fees may apply to all accounts. See Schedule of Fees for details.

All rates effective May 29, 2013 and are subject to change without notice.