Business Savings
Regular Savings
- Minimum Opening Deposit of $50.00
- Minimum balance to avoid imposition of fees – a maintenance fee of $2.00 will be imposed every month if the balance in the account falls below $50.00 any day of the month.
- Rate Information – Your interest rate and annual percentage yield may change at our discretion.
- Compounding and crediting frequency – Interest will be compounded monthly and be credited to your account quarterly
- Limited Transactions – Transfers from a Regular Savings account to another account or to third parties by preauthorized, automatic, telephone, or computer transfers are limited to three per statement cycle or a fee of $2.00 will be imposed
- Quarterly Statements
Money Market Savings
- Minimum Opening Deposit of $10,000.00
- Rate Information – (This account has a three tiered rate feature) Your interest rate and annual percentage yield may change at our discretion.
- Compounding and crediting frequency – Interest will be compounded monthly and be credited to your account every month
- Limited Transactions – Withdrawals are limited to one per statement cycle or a fee of $12.50 will be imposed per transaction.
- Transfers to another account or to third parties by preauthorized, automatic, telephone, or computer transfers are limited to one per statement cycle or a fee of $12.50 will be imposed.
- Your statement will cycle on the 25th of the month
- Monthly statements, with images
