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Business Savings

Regular Savings

• Minimum to open $100
• $100 minimum daily balance to avoid a service charge
• $3 quarterly service charge if balance falls below minimum
• Withdrawals are limited to 12 per quarter
• A fee of $1 is charged for each withdrawal over 12
• Interest is compounded quarterly

 

 

Investment Savings

• $10,000 minimum to open
• $10,000 minimum daily balance to earn higher interest
• If daily balance drops below $10,000 interest rate drops to Regular Savings rate
• $100 minimum balance to avoid a service charge
• $3 quarterly service charge if balance falls below minimum
• Withdrawals are limited to 12 per quarter
• A fee of $1 is charged for each withdrawal over 12
• Interest is compounded quarterly