Business Deposit Accounts
Business Savings Account - Features & Benefits
- Allows
you to move funds between your checking account and an FDIC insured
interest bearing account throughout the month to maximize balances
accruing interest
- You are permitted six preauthorized
transfers and/or withdrawals per month of which only three may be by
draft, or similar order payable to a third party
- Unlimited withdrawals may be made in person, by mail or messenger at the bank
- There is a minimum balance requirement to avoid a monthly service charge
Business Money Market Account - Features & Benefits
- Combines
liquidity and convenience in a tiered variable-rate, interest-bearing
account with limited check-writing privileges Allows you to manage your
cash flow by moving funds between your checking account and an
FDIC-insured interest bearing account.
- Unlimited deposits
- Unlimited
in-person teller withdrawals and up to six preauthorized withdrawals
each month (however, up to three of these withdrawals can be made by
check).
- Interest rates are tiered which provides a higher yield with higher balances.
- Minimum
Daily Balance of only $1,000 or minimum average daily balance of
$5,000 during the monthly statement cycle to avoid a $15 maintenance
fee
- You may open this account with any initial deposit
Certificates of Deposit
We regularly offer a wide range of fixed-rate certificates of deposit, including the following terms:
- 1 Month
- 3 Months
- 6 Months
- 12 Months
- 18 Months
|
- 24 Months
- 30 Months
- 36 Months
- 48 Months
- 60 Months
|
Minimum balance to open a fixed-rate certificate of deposit is $1,000.
It's Easy To Open These Accounts
Fill out and submit this application form or come see one of our personal bankers.