Business Checking
Minimum Balance Requirements
An opening deposit of $500 is required. A daily collected balance of $1500 or a monthly average collected balance of $3000 is required to avoid a service charge.
Transaction Limitations
There are no transaction limitations on this account, provided funds are available to complete all transactions.
Business Money Market
- Interest Bearing Account
- Easy Access to your funds
Minimum Balance Requirements
A deposit of $2500 is required to open this account. A daily collected balance of $2500 or a monthly average collected balance of $3500 is required to avoid a service charge.
Transaction Limitations
You may make up to six (6) pre-authorized, automatic or telephone transfers from your account each statement cycle without incurring a service charge. Of the six, no more than three (3) may be point of sale, draft, or by check. There is no limitation on in-person withdrawals. A fee for excessive activity may be charged.
Compounding and Crediting
Interest will accrue daily, compound and credit monthly. Closing the account prior to interest payment will result in forfeiture of accrued interest.
Business Savings
Minimum Balance Requirements
A deposit of $500 is required to open this account. A daily collected balance of $1500 or a quarterly average collected balance of $3000 is required to avoid a service charge.
Compounding and Crediting
Interest will accrue daily, compound and credit quarterly. Closing the account prior to interest payment will result in forfeiture of accrued interest.
Disclosure of Account Terms
For complete disclosure information, please refer to the Account Disclosure Statement provided at the time of opening these accounts.
Transaction Limitations
You may make up to six (6) pre-authorized, automatic or telephone transfers from your account each 4 week statement cycle without incurring a service charge. Of the six, no more than three (3) may be point of sale, draft, or by check. There is no limitation on in-person withdrawals. A fee for excessive activity may be charged.
