Business Accounts

We offer a variety of business deposit products to meet yours and the needs of your business that include but not limited to the following:

 

Business Checking

Business Checking

This account requires a minimum deposit of $500.00 at account opening. Minimum daily balance requirement of $500.00 to avoid $9.00 per month account maintenance charge. Image statement received monthly.

NOW Business Checking

This account requires a minimum deposit of $1,000.00 at account opening. Minimum daily balance of $1,000.00 to avoid $10.00 per month account maintenance charge. Image statement received monthly. This is an interest earning account compounded monthly. For current interest rate please contact one of our customer service representatives.

Super NOW Business Checking

This account requires a minimum deposit of $2,500.00 at account opening. Minimum daily balance requirement of $2,500.00 to avoid $10.00 per month account maintenance charge. Image statement received monthly. This is an interest earning account compounded monthly. For current interest rate please contact one of our customer service representatives.

Business Savings

Interest bearing savings account, with a minimum opening deposit requirement of $200.00. Interest compounds quarterly. Image statement received quarterly. This is an interest earning account compounded quarterly. For current interest rate please contact one of our customer service representatives.

An incremental service charge will be assessed as follows:

  • $1.00 if the balance falls below $300.00 any time during the statement cycle (quarterly).
  • $2.00 if the balance falls below $200.00 any time during the statement cycle.
  • $3.00 if the balance falls below $100.00 any time during the statement cycle.

You are allowed six withdrawals during a statement cycle (quarterly). A $1.00 per item charge will be assessed for each item over the six item limit.

Money Market Accounts

Business Money Market

Interest bearing savings account, with a minimum opening deposit requirement of $2,500.00. This account earns interest and is compounded monthly. This account is limited to six withdrawals per month, with no more than three withdrawals being made to third parties. If the balance falls below $2,500.00 during the monthly statement cycle a service charge of $10.00 will be assessed. Image statement received monthly. This is an interest earning account compounded monthly. For current interest rate please contact one of our customer service representatives.

Commercial Money Market

Interest bearing savings account, with a minimum opening deposit requirement of $10,000.00. This account earns interest and is compounded monthly. This account is limited to six withdrawals per month, with no more than three withdrawals being made to third parties. If the balance falls below $10,000.00 during the monthly statement cycle a service charge of $25.00 will be assessed. Image statement received monthly. This is an interest earning account compounded monthly. For current interest rate please contact one of our customer service representatives.

Business Certificates of Deposit

The bank offers a variety of CD’s to meet your investment needs. You can open a CD with a term as short as seven days or as long as three years. For more information on our CD products visit with or call one of our Customer Service Representatives today.

* Please contact the Bank for any quotes on current rates and term structures for any and all interest bearing accounts listed above. 

Disclosure

For detailed service charge and interest rate structure on the aforementioned deposit products please visit one of our Customer Service Representatives today.

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