BUSINESS BANKING – Savings
Business Savings | |
---|---|
Opening Balance Requirement | $100 |
Monthly Fee | $2 if average daily balance falls below $100 |
Minimum Balance to Avoid Monthly Fees | $100 |
Interest Earning | Yes |
Deposit Limits | No |
Withdrawal Limits | Yes* |
Additional Benefits | Online Banking, ATM Card |
*See Terms and Conditions of the Account
Business Savings
- Interest† compounded & credited to your account quarterly
- Monthly Service charge of $2.00 imposed if balance falls below $100.00
- Limited to 6 transfers or withdrawals per month by electronic means
- Fee is waived for account holders age 62 and older, or 17 and under **
- Quarterly Statement
- $100.00 deposit required to open account
†Variable interest rate may be changed at any time
**Account holder must notify the bank upon change of status