July 6, 2008

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.