Deposit Products > Business Savings

The following is a brief outline of the type of account we offer. We are offering this description as a reference. This is not a full disclosure for this account. Please stop by one of our full service locations for a full disclosure of terms and conditions for any of our accounts.

Tiered Business Statement Savings

• Interest bearing account, paid on a tiered basis
• $100 minimum deposit to open this account
• $500 minimum daily balance required to avoid charges
• Allows no more than six (6) withdrawals/transfers per month. An excessive transaction fee of $2.00 will be assessed for each item over six (6) per month. (These include pre-authorized internal transfers, telephone transfers, transfers requested by mail, over the counter transactions, automatic transfers, ACH, debit card and online banking transactions). **
• Monthly Statements

Tiered Business Money Market Account

• Interest bearing account, paid on a tiered basis
• $1,000 minimum deposit to open this account
• $2,500 minimum daily balance required to avoid charges
• $7.50 per month service charge if minimum daily balance is not met
• Allows no more than six (6) withdrawals/transfers per month. An excessive transaction fee of $7.50 will be assessed for each item over six (6) per month. (These include pre-authorized internal transfers, telephone transfers, transfers requested by mail, over the counter transactions, automatic transfers, ACH, debit card and online banking transactions). No more than three (3) of these may be by check, draft or debit card. **
• Activity charges:
  - $.15 for each foreign deposited item over 50 per month
• Check Image Monthly Statements

**Important Notice: Federal regulation and our deposit agreement limit the number of withdrawals and/or transfers that may be made from a savings and/or money market account. You are limited to six withdrawals and/or transfers from your account each monthly statement cycle by pre-authorized internal transfers, telephone transfers, transfers requested by mail, over the counter transactions, automatic transfers, ACH, debit card and online banking transactions. On the Tiered Business Money Market Account, no more than three (3) of the six (6) limited withdrawals and/or transfers may be by check, draft or debit card.