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Business Savings Account
Minimum to Open
$100
Quarterly Minimum Balance (to avoid service charges)
$1,000 minimum balance.
Fees
$3 per quarter if balance falls below $25
$1.00 per debit after 3 debits per quarter if balance falls below $1,000 minimum
Interest Paid
Current EBSC rate accrues daily with quarterly compounding and crediting.
Additional Benefits
Check imaging is provided with monthly statement.
Business Money Market Account
(All businesses are eligible)
Minimum to Open
$500
Quarterly Minimum Balance (to avoid service charges)
$1,000 minimum balance.
Fees
$8 monthly fee if balance falls below $1,000 minimum. $5 per item for transactions in excess of six.
Interest Paid
Current EBSC rate when a $2,500 monthly minimum balance is maintained.Higher rate when minimum of $25,000 or more or $100,000 or more is maintained.
Additional Benefits
Check imaging is provided with monthly statement.