Commercial Banking Savings & Money Market Accounts
Business Savings Account
- Minimum to open $100.00
- $250.00 Minimum Daily Balance
- $5.00 monthly low balance fee if balance falls below $250.00
- Limited to 6 withdrawals per month. First 3 withdrawals at no charge. $2.50 for each withdrawal in excess of 3.
- Free Quarterly Paper Statement with Images
- Interest Paid Quarterly
- Free Online Banking
- Unlimited Deposits
Additional Options
- Automatic Monthly Funds Transfer Option
- Sweep Feature Available
Business Money Market Account
- Minimum to Open $100.00
- $1,500.00 Minimum Daily Balance
- $15.00 monthly maintenance fee if balance falls below $1,500.00
- Limited to 6 withdrawals per month at no charge.
- $15.00 for each additional withdrawals over 6
- Free Monthly paper Statement with Images
- Interest Paid monthly on a tiered basis - see us for the current rates
- Free Online Banking
- Unlimited Deposits
Additional Options
- Automatic Monthly Funds Transfer Option
- Sweep Feature Available
Business Investors Account
- Minimum to Open $10,000.00
- Minimum Average Monthly balance of $10,000.00 to avoid a monthly service fee
- $15.00 monthly maintenance fee if balance falls below $10,000.00
- Limited to 6 withdrawals per month at no charge.
- $15.00 for each additional withdrawals over 6
- Free Monthly statement with Images
- Interest Paid monthly on a tiered basis - see us for current rates
- Free Online Banking
- Unlimited Deposits
Additional Options
- Automatic Monthly Funds Transfer Option
- Sweep Feature Available
Time Deposit Products (this is the link) – this is a NEW link compared to the original main navigation document
Commercial Banking: Time Deposits
- $1,000.00 Minimum to open
- Available Terms - 31 days to 5 years
- Withdrawals are allowed during Certificate of Deposit grace periods
- Penalty for early withdrawal
- Fixed Rate
- Interest may be paid quarterly, monthly, or at Maturity; by check, ACH, deposit to another account, or added back to the certificate.
- Automatically Renewable