| Business Savings | Business Money Market Savings | Business Treasury Savings |
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Description
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Basic savings account. (1) |
High yield money market account. (1) |
High yield savings account for customers with higher balances, and easy access to working capital. (1) |
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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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Variable Interest Rates
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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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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 Account Maintenance Fee
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$300 minimum balance to avoid the monthly account maintenance fee of $5.
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$5,000 minimum daily balance required to avoid the monthly account maintenance fee of $12.
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$1,000 minimum daily balance or $2,500 average monthly collected balance to avoid the monthly account maintenance fee of $10.
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Activity Fees
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No charge for first 20 domestic deposited items per month. Additional items are 20¢ each, including on-us items.
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No charge for first 20 domestic deposited items per month. Additional items are 20¢ each, including on-us items.
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No charge for first 20 domestic deposited items per month. Additional items are 20¢ each, including on-us items.
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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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For more information about Business Savings accounts or to apply, contact Customer
Service