Business Savings Accounts

Business Savings Account

Requirements:

• Minimum balance to open - $25.00

Benefits:

• No quarterly service charge when average daily balance is above $500.00.
• Interest-Bearing Account - Interest to be paid quarterly.

Cost:

• Less than $500.00 average daily balance - $7.50 per quarter

Certificates of Deposit (CD)

Requirements:

• Minimum balance to open - $1,000.00

Benefits:

• We offer 6 month to 1 years CDs.
  
• Competitive Rates.

Cost:

• No Service Charge.
  
• Early withdrawal penalty is 30 days interest on the amount withdrawn on 6 month to 1 year CD’s