| No two businesses are alike. That’s why
we’ve created a series of savings and CD account options
designed to accommodate the distinct ways in which you
do business.
Business Savings
- $200 minimum balance to open account
- $500 daily minimum balance to waive maintenance
fee, otherwise $10.00 per quarter
- Unlimited withdrawals if made in person.
Otherwise, limit of 6 withdrawals per month. Only 3 by
telephone and /or POS/ACH to 3rd parties
- Interest is compounded daily, paid quarterly on
daily collected balances
- $1 per transaction in excess of 3 per month
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Business Time Deposits
- $2,500 minimum balance to open account
- Fixed rate with terms ranging from ninety (90)
days to five (5) years
- Interest is compounded daily and paid monthly,
quarterly, annually or at maturity, for terms of less
than one year, on balances of $2,500 or more
- Early withdrawal penalty may apply
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Business Access 9-month Time
Deposit
- $25,000 minimum balance to open account
- Fixed rate time deposit account with one
penalty-free partial withdrawal each 9-month term
- Interest is compounded daily and credited monthly
on balances of $10,000 or more
- Additional deposits can be made to the account
without extending the original 9-month term
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Business 1-Year
Variable Rate Access Time Deposit
- $500 minimum balance to open account
- Variable rate time deposit account with one
penalty-free partial withdrawal each 1-year term
- Interest is compounded daily on balances of $2,500
or more, and paid monthly, quarterly or at maturity
- Additional deposits can be made to the account
without extending the original 1-year term
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