DEPOSIT
ACCOUNTS
Business Checking
Minimum
Balance Requirements
An opening deposit of
$500 is required. A daily collected balance
of $2500 is required to avoid a service
charge.
Transaction Limitations
There are no transaction limitations
on this account, provided funds are available
to complete all transactions.
Business
Money Market
- Interest Bearing Account
- Easy Access to your funds
Minimum Balance Requirements
A deposit of $2500 is required to open
this account. A daily collected balance
of $2500 is required to avoid a service
charge.
Transaction Limitations
You may make up to six (6) pre-authorized,
automatic or telephone transfers from your
account each statement cycle without incurring
a service charge.
Of the six, no more than three (3)
may be point of sale, draft, or by check.
There is no limitation on in-person
withdrawals.
Compounding and Crediting
Interest will accrue daily, compound
and credit monthly. Closing the account
prior to interest payment will result in
forfeiture of accrued interest.
Business Savings
Minimum Balance Requirements
A deposit of $500 is required to open
this account. A daily collected balance
of $2500 is required to avoid a service
charge.
Compounding and Crediting
Interest
will accrue daily, compound and credit quarterly.
Closing the account prior to interest payment
will result in forfeiture of accrued interest.
Disclosure of Account
Terms
For complete disclosure information, please
refer to the Account Disclosure Statement
provided at the time of opening these accounts.
Transaction Limitations
You may make up to six (6) pre-authorized,
automatic or telephone transfers from your
account each statement cycle without incurring
a service charge.
Of the six, no more than three (3)
may be point of sale, draft, or by check.
There is no limitation on in-person
withdrawals.
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