Savings Accounts
With a wide variety of savings options, you can choose the right savings plan for your business. You will find accounts that are always accessible, with rates that adjust to market conditions, as well as accounts with fixed rates that lock in your earning power.
Interest will be compounded daily and applied to the account on a quarterly basis, using the "daily balance method", which applies a daily periodic rate to the collected balance in the account each day.
Annual Percentage Yields and Interest Rates may change at any time. Fees may affect earnings.
Regular Savings:
Traditional savings account that allows you to make deposits and withdrawals at any time.
- Quarterly service charge of $3.00 if daily balance falls below $300.00
- 6 preauthorized withdrawals per month; $3.00 charge for excessive withdrawals
- Quarterly statements
- Available for Personal, Business and Organizational entities
- Interest earned on balances over $100.00; credited to account quarterly
Money Market Account:
If you have higher balances than the required for traditional savings, you'll enjoy higher rates with our Money Market accounts.
Interest will be compounded daily and applied to the account on a monthly basis, using the "daily balance method", which applies a daily periodic rate to the collected balance in the account each day.
Annual Percentage Yields and interest rates may change at any time. Fees may affect earnings.
- Minimum opening balance of $100.00
- Monthly service fee of $8.50 if daily balance falls below $1,000
- 6 pre-authorized withdrawals allowed monthly, up to three by check
- Monthly statements
- Tiered rates:
- Tier 1: less than $999.
- Tier 2: $1,000 -$2,499.
- Tier 3: $2,500 - $9,999.
- Tier 4: $10,000 & over
