Business SAVINGS
A simple business savings account with a lower minimum balance and a competitive interest rate.
- $100 minimum opening balance.
- $100 minimum balance to avoid fees and to obtain the disclosed annual percentage yield.
- $10 monthly fee if balance falls below the minimum requirement.
- Inactivity Fee: $10 monthly fee if account remains inactive for 12 consecutive months, without any debits or credits, and the account balance is less than $50.
- Interest Bearing on average daily balance; compounded and paid quarterly. Tiered interest rates. Variable interest rate and subject to change at bank's discretion.
- Accrued interest will not be paid out if the account is closed before the interest is credited.
