Give your business the financial umbrella it needs to weather any storm. Our Business Savings account features two free withdrawals each month and just a $1 fee for each withdrawal thereafter — so you can feel free to use your safety net whenever you need it. And there’s no monthly service fee when you maintain a balance of $50 or more.
Business Savings
Details
- Competitive interest paid quarterly
- Avoid the $1 monthly service fee by maintaining a balance of $50 or more
- 2 free withdrawals per month; $1 fee per withdrawal in excess thereafter
- Free business online banking
- Free business eStatements* sent semi-annually (June and December)
- $25 minimum deposit to open
Account Restrictions
Transfers or withdrawals from a savings account to (a) another account of the same depositor at our institution or to (b) a third party or an account of the same depositor at another bank, if made by preauthorized transfer, automatic transfer, telephone, fax or internet banking service and (c) transfers or withdrawals to a third party or to an account of the depositor to another account at another bank made by check, draft, debit card are limited to an aggregate total of six (6) per calendar month. There is no limit to the number of transfers or withdrawals from your savings account to repay loans at our institution or are made in person, by mail, by messenger or at an ATM. These transactions are considered made on the date the transaction posts and settles to your account, not the date the withdrawal request was initiated.
*Paper statements delivered by mail are available for $4.00 per statement. When the daily account balance is at least $10,000 or more each day of the statement cycle, the paper statement fee will be waived for that cycle.
