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Business Statement Savings Account

Earn interest and receive a monthly statement. Permits deposits and withdrawals at any time.
Account Features
Interest is compounded and paid monthly. Facilitates recordkeeping.
Deposits and withdrawals are allowed. Optimizes your total banking relationship with us.
FDIC Insured. Provides security for the depositors.
Night Depository. Enables your company to earn interest on demand deposits.

Additional Specifications & Fees
Minimum Opening Deposit $25.00 minimum opening deposit.
Monthly Maintenance fee

$1.00 monthly service charge if account balance falls below $25.00.
Other Fees & Charges
  • $50.00 minimum to earn interest
  • A limit of six (6) withdrawals or transfers per month. Some transactions are excluded. A charge of $.50 will be assessed for over six (6) debit items.
Accrual of Interest on Deposits other than Cash
  • Interest begins to accrue on the business day you deposit non-cash items (For example: checks).
Rules & Regulations

 

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