Business & Premium Savings

Business Savings Accounts

• $200 minimum opening deposit
  
• Interest compounded daily and paid quarterly on this account
  
• Daily balance computation method used to calculate interest
  
• No service charge on accounts with a minimum daily balance of $200 or more during the monthly statement cycle
  
• For accounts not meeting either balance requirement, the low balance charge is $5 per month
  
• Transfers from a Business Savings Account to another account or third parties by preauthorized, automatic or debit card are limited to three per month
  
• The charge for each additional withdrawal after three is $5