 |
||||||
|
Business Checking and Savings |
||||||
|
|
||||||
| Business Checking Accounts | ||||||
|
Name of Account |
Minimum Balance |
Opening Deposit |
Interest Bearing |
Transaction Fee |
Maintenance Fee |
Benefits |
| Regular Checking | $500 | Unspecified | N | If < $500 daily balance, $0.20 per ck/db | If < $500 daily balance, $7.00 charge | Fees waived to non-profit organizations |
| *NOW Checking | $500 | $500 | Y | If < $500 daily balance, $0.20 per ck/db | If < $500 daily balance, $5.00 charge | Interest on collected funds |
| *Super NOW Checking | $1,000 | $1,000 | Y | N/A | If < $1,000 daily balance, $8.00 charge | Interest on collected funds |
|
*Value Plus+ Money Market Checking |
No Required Minimum |
$2,500 |
Y (tiered) |
N/A |
N/A |
Interest on collected funds No monthly or per ck/db fees |
|
*Available to non-profit organizations, sole proprietors, and government entities. |
||||||
| Business Savings Accounts | ||||||
|
Name of Account |
Minimum Balance |
Opening Deposit |
Interest Bearing |
Transaction Fee |
Maintenance Fee |
Benefits |
| Regular Savings | N/A | Unspecified | Y, =>$100 balance | Balance < $250 & # of withdrawals > 5 per month, $0.25 fee on withdrawals > 5/mo. |
N/A |
-Withdraw anytime -6 preauthorized transactions allowed |
| Insured Money Market | $1,000 | $1,000 | Y, $0.01 - $999.99 @ regular savings rate, (=>$1,000 IMM rate) | N/A | If < $500 daily balance, $5.00 charge |
-Withdraw anytime -Pays higher interest -6 preauthorized transactions allowed |
| Everyone Investment Account | $5,000 | $5,000 | Tiered rates starting at $5,000 & above | N/A |
N/A |
-Liquidity once a week (Wednesday) -Tiered rates -No fees -Early withdrawal 7 day interest penalty |
|
Power SavingsSM |
N/A |
$2,500 |
Y, $0.01 - $2,499.99 @ regular savings rate, (=>$2,500 Power Savings rate) |
N/A |
N/A |
-Withdraw anytime -6 preauthorized transactions allowed |
|
©
Copyright 2005 Member FDIC |
||||||
E-mail Us at: