Business Interest Bearing Deposit Accounts
The balance computation method we use to calculate all interest bearing accounts is the Daily Balance Method. This method applies a daily periodic rate to the principal in the account each day.
Money Market Checking
The higher your balance, the higher rate of interest you earn. This tiered interest-bearing checking account is ideal for individuals who only write a few checks each month. See your nearest office for deposit details. A minimum opening deposit is required.
- Variable Interest Rate
- $5 service charge for balances below $1,500
- Interest compounded & credited monthly
- No Interest Paid on balances below $5,000
- Withdrawals-Maximum of 6 per statement cycle
- $10 fee for each debit over 6 per statement cycle
- Easy to balance image statements
- FREE Internet banking access
- FREE telephone banking access
- No VISA Debit Card or ATM Card will be issued
Not all products are offered at all locations. Check with your local bank for more details.
Savings
Our savings account earns a competitive interest rate which is compounded and paid quarterly on balances of $100 or more and provides unlimited deposits and three withdrawals per quarter at no charge. A minimum opening deposit is required.
- $3 quarterly service charge for balances of less than $100
- $1 service charge per withdrawal after THREE
- No interest paid on balances below $10
- Easy to balance image statements
- FREE Internet banking access
- FREE telephone banking access
- Eligible Restrictions May Apply
Not all products are offered at all locations. Check with your local bank for more details.
