Business Savings

You can choose from a variety of savings account options that best fit your savings objectives and timeframes – Business Savings, First Rate Business Money Market or Certificates of Deposit. Each product offers unique features and interest rates.

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Business Savings Suite	Business Savings	First Rate Business Money Market	Certificates of Deposit (CDs)
Product Description	Low minimum, interest-bearing savings	Tiered, higher interest rate savings	Higher rate time deposits with a fixed interest rate for a specified period of time
Minimum Opening Balance	$50	$2,500	$1,000
Minimum Balance Requirement	$50	$2,500	$1,000
Monthly Maintenance Fee	None if balance requirement is met; otherwise $1.00 and $0.25 per debit	None if balance requirement is met; otherwise $5.00 and $0.25 per debit	None
Competitive Interest Rate	Yes - variable rate	Yes - variable, tiered rates	Yes - fixed rate
Withdrawal Limit	(6) per calendar cycle*	(6) per calendar cycle*	Any withdrawals made prior to maturity will be assessed an early withdrawal penalty
Check Writing Access	NO	Limited*	NO
24-Hr Telephone Banking Access	YES	YES	YES
Use for Overdraft Protection	YES	YES	NO
eStatements	Available	Available	Available
*Federal regulations limit pre-authorized withdrawals, telephone, and Internet transfers to six (6) per month.

 

Contact a Personal Banker to open an account today.

Click here to check our current deposit rates.