Business Savings
Saving time and money for your business.
It doesn’t take hard work to realize some of the best interest rates for your business. Here are just some of the savings options available to your business:
Savings Account Comparison
| Account | + | Opening Deposit | Minimum Balance to Avoid Service Charges | Monthly Service Charge | Unlimited Check Writing | Interest Bearing |
|---|---|---|---|---|---|---|
| Business Savings Account | Business Savings Details | $0 | $100 | $2 if balance below $100 | No | Yes |
| Business Money Market Account | Money Market Details | $0 | $2,500 | $10 if balance below $2,500 | No | Yes |
| Health Savings Account | HSA Details | $0 | $0 | $0 | Yes | Yes |
Account Details
Business Savings Account
- No minimum opening deposit
- Variable interest rate (please contact us for current rates)
- Interest compounded and credited monthly
- Withdrawals made by electronic transfer or check are limited to 6 per month
- Only $2 monthly service charge if minimum balance falls below $100
- A withdrawal fee of $1 may apply if the number of transactions exceeds allowable limits
- Fee Schedule
Business Money Market Account
- No minimum opening deposit
- Variable interest rate (please contact us for current rates)
- Interest compounded and credited monthly
- Withdrawals made by electronic transfer or check are limited to 6 per month
- Only $10 monthly service charge if minimum balance falls below $2,500 during your statement cycle
- A withdrawal fee of $1 may apply if the number of transactions exceeds allowable limits
- Fee Schedule
Health Savings Account
- No minimum opening deposit
- No minimum balance
- No service charges
- Unlimited check writing
- Variable tiered interest rate account
- Free Visa® Debit Card
- Available with a High Deductible Health Plan (HDHP) - please consult a High Deductible Health Plan provider regarding eligibility and contribution/distribution requirements
- Unused funds are retained and not forfeited at year-end as with some flexible spending accounts
- Fee Schedule