Business Savings Accounts

A strong financial foundation

Develop a solid financial core with this flexible savings plan that puts you in control. You can monitor how much interest^* you've earned, and get paid compounding interest quarterly.

Savings account features

Minimum balance to open^**: $100.00
Daily minimum balance: $100.00
Monthly service charge: $5.00 (waived if daily minimum balance is maintained)

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Savings Calculator

* All Interest Rates and Annual Percentage Yields (APY) may change after the account is opened. The disclosed APY assumes that the interest will remain on deposit; interest withdrawals will affect APY. Bank uses the daily balance method to calculate the interest on your account. This method applies a daily rate to the principal in the account each day. Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (i.e., checks). Interest is compounded and credited monthly on your collected balance. These are variable rate accounts. The interest rate that corresponds to the amount on deposit is paid on the full balance.

** Minimum Opening Deposit is $10 for account holders under age 18.

The bank may allow monies to be withdrawn from business savings accounts at any time without previous notice, but it reserves the right to demand notice of withdrawal twenty-one (21) days prior to the intended withdrawal date.