Business Savings & Money Market Accounts
Your Banking, Your Choice
Features
Earns Interest
Monthly Maintenance Fee
Withdrawal Stipulations
BUSINESS MONEY MARKET GROWTH
$1000
*1
*1
*1
BUSINESS SAVINGS
$50
*2
*2
*2
*2
- The interest rate paid on the entire collected balance in your account is tiered and based on your daily balance. You must maintain a minimum balance of $1,000 in the account each day to obtain the disclosed annual percentage yield. A monthly maintenance fee of $5 will be imposed every statement cycle if the balance in the account falls below $1,000 on any day of the cycle.
- Interest will be compounded every day. Interest will be credited to your account every quarter. We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day. Transfers from a Money Market Growth account to another account or to third parties by preauthorized, automatic, telephone, or computer transfer or by check, draft, debit card, or similar order to third parties are limited to six per statement cycle. An excessive fee (see Fee Schedule) will be charged for each withdrawal that exceeds the transaction limitations during a statement cycle. Transfers from a Business Savings account to another account or to third parties by preauthorized, automatic, telephone, or computer transfer or by debit card, or similar order to third parties are limited to six per month. An excessive fee (see Fee Schedule) will be charged for each withdrawal in excess of six during a quarter.