Business Savings

Set funds aside to grow your business.

  • No minimum balance required

Fees and Charges

The following fees and charges apply to this account:

  • Overdraft Charge: $30.00/item
    • Maximum overdraft charge per day: $180.00
    • No Charge for overdraft items less than $5.00
    • No charge if your account balance is between -$5.00 and $0.00
  • Return Check Charge: $30.00/item (maximum $180.00 per day)
  • Telephone Transfers: $2.00/ Transfer
  • Automatic Overdraft Transfer Charge (per transfer): $5.00
  • Extra Statement: $10.00/statement
  • Account Reconciliation/Research: $30.00/hour (1 hour minimum)

Additional Terms:

  • Interest Accrues quarterly, compounds quarterly, credits quarterly
    • At our discretion we may change the interest rate on your account.
  • If the account is closed prior to interest posting: Interest is forfeited.

The following additional terms apply to this account: A dormant fee of $5.00 will be charged each month on balances below $200.00 if for one year (previous) there has been no activity or other indication in writing from you of an interest in this account.

If your account is closed with a negative balance a $25.00 fee will be applied to the negative balance amount.

Business Savings Account Rates

Last Updated: December 21, 2023

Account NameInterest RateAnnual Percentage Yield1 (APY)Minimum balance required to earn interest
Business Savings 0.10% 0.10% $0

1APY = Annual Percentage Yield; fees could reduce earnings on accounts.

Interest rates and annual percentage yields are current as of the effective date at the top of this rate sheet. Interest rates are subject to change.