* While we are prohibited by law from paying interest on business checking accounts, we do offer favorable rates to businesses on savings accounts. These accounts are designed for excess cash a business may have from time-to-time. You earn interest on each of the savings accounts we offer but there are penalties in the event you have too many transactions during a specified period of time. Interest is compounded and credited to your account on a quarterly basis. Decide which account type is best suited for your needs and then stop by to open an account today:
N o monthly service charge unless the balance drops below $100
any day during the month. In the event the account drops below
$100 there is a $1 service charge per month. You are allowed
six preauthorized withdrawals per month at no charge and any
additional withdrawals per month are $1 each.
No service charges if an average monthly balance of $50 is maintained. There is a service charge of $1/month if the average balance is not maintained. No interest is paid on a balance of less than $50. Two withdrawals per month with no charge; additional withdrawals are 25˘ each.
No service charge if a balance of $2,500 is maintained. If the balance in the account is less than $2,500 any day during the quarter there is a charge of $5/quarter and the account may earn interest at a reduced rate. You are allowed six preauthorized withdrawals per month at no charge and any withdrawal above this will be charged a fee of $1/each.
(*) Other terms and conditions apply. All accounts require approved credit. Contact us for further details.