Business Savings Account

Overview

A savings account for businesses that want to earn a competitive interest rate while maintaining liquidity and flexibility.

Key Features
  • Fixed interest rate paid on all balances
  • Unlimited number of withdrawals made in person or at an ATM
  • Up to six pre-authorized, automatic, or telephone transfers, checks, or debit card transactions are permitted per monthly statement cycle
  • No checking account required
  • Remote deposit capture available
  • Wire services available
Fees

No fee with monthly average collected balance of $200, or $5 per month.

$10 per pre-authorized, automatic, or telephone transfers, checks, or debit card transactions exceeding six per statement cycle.

At A Glance

$100

Minimum deposit to open

Yes

Interest earned

Fees

Yes, unless minimum balance and transaction requirements are met.

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