| Business Savings Accounts | ||
| Statement Savings | Value Plus Savings | |
| Minimum Opening Balance | $10 | $5,000 |
| Minimum Daily Balance | $100 to avoid minimum balance fee; $500 to obtain APY |
$5,000 to avoid minimum balance fee; $0 to obtain APY |
| Minimum Balance Fee | $3 or See (*A) to avoid fee | $5 or See (*A) to avoid fee |
| Direct Deposit | Available - See (*B) | Available - See (*B) |
| Interest Bearing | Tiered Rates | Tiered Rates |
| 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. |
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| Telephone Banking | - Available to all business savings accounts. - Free 24-hour account access. - Access daily balances, your latest transactions, and more. |
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| Monthly Statement | Yes | Yes |
| Terms and Conditions - APY = Annual Percentage Yield (*A) A minimum balance fee will be imposed every statement cycle if the daily balance for the statement cycle falls below the minimum daily balance any day of the statement cycle. Service charges may reduce earnings. (*B) No more than six pre-authorized (or automatic) or telephone (including data transmission) transfers and withdrawals per month, and no more than three by check, draft, debit card or similar order to third parties. |
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