Business Savings
This traditional account pays competitive interest with little or no monthly fee. A solid savings account is critical for the success of any business to be ready for unexpected financial needs.
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- Summary
- No monthly service fee with balance of $500 or more
- $5 monthly service fee if balance falls below $500
- Earns interest on entire balance
- Interest paid quarterly
- $500 minimum deposit to open
- Six withdrawals/transfers per month
- $2 fee for each withdrawal in excess of six per month
- Quarterly statements (electronic funds transfer will generate a monthly statement)
- FDIC insured
