Savings

Business Money Market

  • Minimum opening deposit of $1,000
  • Interest earned daily and compounded monthly on balances over $1
  • Tiered interest rate
  • Unlimited transfers by mail, messenger, ATM or in person; transfers by other means are limited to 6 per statement cycle
  • Unlimited deposits
  • A monthly service fee of $5 will be charged during any month that the balance falls below $1,000
  • Monthly statements combined with Business Checking Account statement

Certificates of Deposit

  • Minimum balance of $500 (or $100 if used as an investment for a retirement account)
  • Terms available from 7 days to 10 years, depending on the certificate amount
  • Interest crediting depends on the amount of the certificate and the term
  • Withdrawals prior to the set term may cause penalties