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Business Statement Savings

Our general purpose, commercial savings account offers all the features you expect in a statement savings account – and then some. Your balance earns interest daily, is compounded monthly and paid monthly. So your savings add up faster than in many other banks’ savings accounts which calculate, compound and pay interest less often. Our Business Savings also provides simplified statements every quarter. And the nominal service charge is waived when you maintain a $200 or greater average monthly balance – an easy requirement for most businesses.

Account Features
Minimum opening deposit $100
Monthly service charges $2
Balance required to avoid
monthly service charges
$200 average balance
Interest
  • Calculated daily
  • Interest compounded monthly
  • Interest paid monthly
Withdrawals
  • Unlimited in person or at ATMs
  • Limit of 6 preauthorized transfers per monthly statement cycle
Additional Features
  • Worldwide ATM access
  • Free automatic transfers
  • Free direct deposit
  • Free online banking

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