Business Savings

Features

Free Online Banking
Earn interest on daily balance

Minimum Balance to Open the Account

$100

Minimum Balance Requirement

$500 minimum daily balance for the month

Monthly Service Charge

No monthly service charge, if minimum balance requirement is met; otherwise $5

Transaction Limitation

Withdrawal/ transfers to another account or to third parties by pre-authorized, automatic, telephone or computer transfers are limited to six (6) per month, with no more than six (6) by similar order to third parties.  An excess withdrawal fee of $3 will be charged for each debit in excess of the six (6).

Interest Compounding and Crediting Frequency

Interest will be compounded and credited quarterly. If you close your account before interest is credited, you will not receive the accrued interest