|Commercial Savings||Commercial Money Market|
|Minimum to Open||$100||$2500|
Our Savings account features competitive interest rates and easy access to your accounts. Each dollar in this account earns interest, which is compounded daily and credited quarterly. A maximum of 6 pre-authorized transfers or withdrawals allowed per statement cycle on this account and fees are assessed for each additional pre-authorized transfer or withdrawal. (Ask your banker for a detailed Fee Schedule.)
Daily Balance to avoid fee $100
|This is an ideal account for businesses that maintain a higher monthly balance. It is an interest-bearing account that combines checking and savings benefits. Our Commercial Money Market rewards you by paying you higher yields. Interest will be compounded daily and credited monthly. If your business wants to enjoy easy access to funds and liquidity with higher interest-earning potential, please inquire with one of our experienced associates.
Daily Balance to avoid fee $2,500
or Average Daily Balance $5,000
Maximum of 6 debit transactions per monthly statement cycle; fees are assessed for each additional pre-authorized transfer or withdrawal. Contact bank representative for details.Tiered Balance Requirement
$1,000 – $24,999.99
$25,000 – $49,999.99
$50,000 – $999,999.99
$1,000,000 & over
*Waived with a minimum balance requirement.
Savings and Money Market Accounts are limited transaction accounts and subject to Regulation D. Transactions not within the limitations may result in excessive withdrawal fees, account closure, change of account type, termination of transfer capability, or other remedial action.