| |
Business Statement Savings |
Business Value Plus Savings |
| Minimum Opening Balance |
$10 |
$5,000 |
| Minimum Daily Balance |
$200 to avoid Minimum Balance Fee;
$500 to obtain APY |
$5,000 to avoid Minimum Balance Fee;
$0 to obtain APY |
| Minimum Balance Fee |
$5 or See (*A) to avoid Minimum Balance Fee |
$10 or See (*A) to avoid Minimum Balance Fee |
| Direct Deposit |
Available |
Available |
| Interest Bearing |
Yes |
Yes |
| Compounded and Credited Interest |
Monthly |
Monthly |
| Transfer Limits |
Yes - See (*B) |
Yes - See (*B) |
| Online Banking |
- Available to all business savings accounts.
- Free 24-hour account access.
- View daily balances, your latest transactions, and more. Go to Online Banking for details. |
| E-Statements |
- Choose to change one or all of your statements to E-Statements.
-
Enroll in minutes from the "Electronic Statement" menu tab in your Online Banking account.
-
Go to E-Statements for more details. |
| Telephone Banking |
- Available to all business savings accounts.
- Free 24-hour account access.
- Access daily balances, your latest transactions, and more. |
| Monthly Statement |
Yes |
Yes |
Terms and Conditions:
APY = Annual Percentage Yield
(All Savings Accounts) There will be no payment of accrued interest if, at time of closing, accrued interest is less than $5.
(*A) A Minimum Balance Fee will be imposed every statement period if the daily balance in the account falls below the minimum daily balance any day of the statement period. Service charges may reduce earnings.
(*B) You may not make more than six (6) transfers and withdrawals from your account per month by means of a preauthorized or automatic transfer or telephone (including data transmission) agreement, order or instruction or by check, draft, debit card or similar order payable to third parties.
Excess Transaction Fee (over 6 items per cycle): $15 per item
return to top |
