Business Statement Savings

A lot goes into running a business; money is no exception. Planned or unplanned, Business Statement Savings provides a safety cushion to meet these monetary needs head on.
 
 
  • Set aside for unexpected business needs or something specific
  • Interest is earned on balances of $50.00 and higher 
  • Avoid the $2.00 monthly service charge by maintaining a $200 minimum average daily balance
  • Six pre-authorized transfers and/or check, debit or similar orders payable to third parties each month
  • Quarterly Statement- a monthly statement may be received if the account has electronic transactions, such as ATM withdrawals or internet banking transfers
  • Free online banking 

Compare Accounts

Business Statement Savings

Set aside for unexpected business or other needs.
 
  • Interest is earned on balances of $50 and higher
  • 6 withdrawals each month
  •  Maintain a $200 minimum average daily balance and avoid the $2 monthly service charge
  • Quarterly statement
Business Money Market Deposit Acct.

Maintain liquidity while earning a money market interest rate.
 
  • Interest is earned on balances of $2,500 and higher
  • Maintain $2,500 daily balance to avoid the $10 monthly service charge
  •  Monthly transaction statement with check statement
Business Investor Account
Premium rate money market account that offers a tiered interest rate schedule based on deposit levels.
 
  • $25,000 minimum opening deposit
  • Interest is earned on daily balances of $5,000 or more
  • Maintain $25,000 daily balance to avoid $10 monthly service charge