Business Savings Account
- $100 minimum to open
- 3 debit transactions per quarter, all other $1
- Earns Interest
- Interest is compounded daily, credited quarterly, and paid on collected balance of $100 or more.
Commercial Money Market
- $2,500 minimum to open
- $8 monthly maintenance fee
- Maintenance fee can be avoided by maintaining a $2,500 daily balance
Transfer from a money market account to another account or to third parties by pre-authorized, automatic or telephone transfer are limited to 6 per monthly statement cycle with no more than 6 by check, draft, or similar order to third parties. Additional debits or checks/drafts are $5 each, regardless of balance
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