Business Savings Account
- No minimum balance required to earn interest
- Limited to a maximum of Six (6) withdrawals or transfers per monthly statement cycle to another account or to a third party by means of preauthorized or automatic transfer, telephone order, computer transfer, or by check, draft, debit card or similar order to a third party
- Six withdrawals allowed per quarter ($2.00 Excessive Withdrawal Fee for each withdrawal in excess of 6 during the calendar quarter)
- Quarterly statements
- Quarterly service charge if minimum balance falls below $50: $5.00
- Service charge is in addition to excess withdrawal fees
- Minimum opening deposit: $100.00
* Under the Unlawful Internet Gambling Enforement Act of 2006, business accounts are not the be used for restricted transactions. Restricted transactions are defined in our Unlawful Internet Gambling policy.