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Business Savings
Savings Accounts are offered to fulfill your savings needs:
- Savings Account may be opened with a deposit of $25.00
If the minimum balance requirement of $500 is met, there
is no quarterly maintenance fee.
- If the minimum balance requirement is not met, a maintanence
fee will vary between $2-$10 depending on the lowest balance
in the account during the month.
- No checks may be written against Savings Accounts, but
one (1) withdrawal is allowed without charge per month.
Withdrawals in excess of (1) per month will be charged
$2 each.
- Pursuant to Federal regulations, only six (6) automatic
transfers from your Savings Account may be made during
each month.
- If you have a VISA Debit Card you can link your
Savings Account to that card for the purpose of conducting
transfer or withdrawal transactions at an ATM.
- A line-item statement of activities is provided quarterly.
Regular Certificates of Deposit
We offer a variety of terms for our Regular Certificates
of Deposit, ranging from one (1) month to three (3) years.
Our certificates are fixed-rate time accounts. The rate
at the time of account opening or renewal is fixed until
maturity. The specific rates and terms of a particular
certificate are disclosed at account opening and are available
from any of our Retail Bankers. You may also use Bank-By-Phone
for 24-hour information.
All regular Certificates of Deposit may be opened with
a minimum deposit of $1,000 and earn interest on the
entire balance.
Jumbo Certificates of Deposit
These certificates of deposit are perfect for accountholders
that are interested in investing a large amount of money
for which they will earn a high rate of interest.
A jumbo certificate may be opened with a deposit of $100,000
or more. We offer a variety of terms for our Jumbo Certificates
of Deposit, ranging from one (1) month to one (1) year.
Our certificates are fixed-rate time accounts.
The rate at the time of account opening or renewal is fixed
until maturity. The specific rates and terms of a particular
certificate are disclosed at account opening and are available
from any of our Retail Bankers. You may also use Bank-By-Phone
for 24 hour information.
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