Designed for businesses that want a low-cost account to manage their cash and earn interest.
Interest is earned at the prevailing market rate in four (4) tiers. Interest accrues daily and is paid monthly:
Tier I ........... $2,500 - $9,999.99
Tier II .......... $10,000 - $49,999.99
Tier III ......... $50,000 - $99,999.99
Tier IV ........ $100,000 & above
Rates are subject to change at any time without notice.
Minimum opening deposit: $100
Minimum balance requirement: $2,500
If the account balance falls below the $2,500 minimum balance requirement, the following service charges apply:
- $15 per month
Six (6) withdrawals or transfers per month are permitted. Excessive withdrawals or transfers will be charged $15 per debit. Deposit item fees apply if total deposited items exceed 25 per month regardless of account balance.
Activate free eStatements to avoid a $3 monthly paper statement fee.