Business Saving Accounts, CDs and Money Market Accounts
A solid business needs a solid foundation. Whether you're saving for an expansion or a rainy day, we can help.
- Earn interest on balances
- Minimum to Open: $100.00
- Minimum Daily Balance: $2500.00
- Monthly Fee: $10 (waived if daily balance stays above $2500.00)
Certificates of Deposit
- Competitive interest rates
- Terms range from 90 days to five years
- Convenient automatic renewal
- Minimum to Open: $1000.00
Business Money Market (1)
- Tiered interest rates; higher rates paid on higher balances
- Minimum to Open: $500.00
- Minimum Daily Balance: $5000.00
- Monthly Fee: $10 (waived if daily balance stays above $5000.00)
(1) Regulation D limits certain types of withdrawal and transfer
transactions one can make from a savings account and/or money market
account to a maximum of six per statement cycle.
(2) Money market and Statement Savings accounts are limited to six transactions per statement
period with no more than six by check to avoid the $10.00 per month transaction fee.