| Business Savings | Business Investor’s Maximizer | Business Treasury Savings |
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Description
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Basic savings account.
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High yield money market account.
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High yield savings account for customers with higher balances, and easy access to working capital.
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Minimum Opening Deposit
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$100
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$5,000
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$10,000
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Interest Rates
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Earns variable interest. Interest is calculated on the daily collected balance, compounded and credited to the account monthly.
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Interest is calculated on the daily collected balance, compounded and credited to the account monthly based on
tiers.
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Earns variable interest. Interest is calculated on the daily collected balance, compounded and credited to the account monthly. No interest is earned if the balance falls below $10,000.
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Minimum Balance and Service Charges
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$200 minimum daily balance or $2,500 average monthly collected balance to avoid the monthly maintenance fee of $3 and associated activity charges.
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$5,000 minimum daily balance required to avoid the monthly maintenance fee of $10.
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$1,000 minimum daily balance or $2,500 average monthly collected balance to avoid the monthly maintenance fee of $10.
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Activity Charges
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No charge for first 10 deposited items per month. Additional items are 8¢ ea.
(1) |
No charge for first 25 deposited items per month. Additional items are 8¢ each.
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None
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Withdrawals
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No charge for first 3 withdrawals per month. $2 charge for each additional withdrawal per month, unless minimum balance is maintained.
(2) |
No charge for first 6 withdrawals (3 via check) per month. $10 charge for each additional check or withdrawal.
(3) |
No charge for first 3 withdrawals per month. $2 charge for each additional withdrawal per month if the account balance falls below minimum balance required.
(3) |
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Statement Cycle
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Quarterly or monthly with a combined statement or an electronic funds transfer.
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Monthly detailed statement without images of deposits, checks and substitute checks.
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Monthly detailed statement without images of deposits, checks and substitute checks.
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