A simple business savings account that offers a low minimum balance requirement and a variable interest rate.
| Minimum Opening Balance |
$100 |
| Minimum Balance Required |
$100 average balance |
| Monthly Maintenance Fee |
$3 if balance falls below the minimum required |
| Interest Tiers (1) |
$0+ |
| Electronic Withdrawal Fees (2) |
Six (6) free withdrawals per month, including: ACH debits, internet banking transfers. If the number of electronic transfers exceeds 6 during any month, each transfer will be assessed a $5 penalty charge. |
| In-Person Withdrawal Fees |
Unlimited/No charge |
| Basic Business Online access |
No charge |
(1) Interest rates are not tied to a specific index and may be changed at the bank’s discretion.
(2) Transfers by telephone, wire, internet, or automatic payments (preauthorized withdrawals) to another account or to third parties are limited to a combined total of six per month by federal regulation.