Set up a Savings Account for your business to use for Savings Overdraft Protection or to save for that large purchase.
- $50 minimum opening deposit.
- Less than $50, then a $2 monthly charge - Maintain a daily minimum balance of at least $50 to avoid the $2 monthly service charge
- FREE Online Banking
- Interest accrues daily and is credited to the account at the end of each quarter
- Quarters End: January 31, April 30, July 31, and October 31
You may make six transfers from your account per statement cycle, if by preauthorized or automatic transfer, or telephone (including data transmission) agreement, order or instruction or by check, draft, debit card or similar order (including POS transactions), made by the depositor and payable to third parties. Transfers and withdrawals made in person, by messenger, by mail or at an ATM are unlimited. A fee of $1 will be charged for all transactions that exceed the legal limit.