Statement Savings

 

Account features:

  • Funds may be deposited and withdrawn in any amount at any time
  • Interest is compounded daily and paid quarterly on balances of $100 or more
  • Receive detailed transaction statements quarterly (monthly, if account activity occurs)
  • $100 minimum daily balance requirement
  • $2 account maintenance fee is waived when the minimum balance requirement is maintained

 

 

Interested in opening a Business Statement Savings Account or learning more?

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Effective date for all rates is 02/08/2012
[- Rates are subject to change without notice -]



Product		 Interest
Rate		 APY Minimum
to Open		 Interest
Compounding
Savings Accounts
$0 - $99		 0.00% 0.00% $100 daily
Savings Accounts
$100 - $9,999		 0.07% 0.07% $100 daily
Savings Accounts
$10,000 - $24,999		 0.13% 0.13% $100 daily
Savings Accounts
$25,000 and over		 0.18% 0.18% $100 daily
Minimum Balance to open account   $100.00
Minimum Balance to earn interest $100.00
Minimum daily balance to avoid account maintenance fee $100.00
Account maintenance fee $2 per month
Account maintenance fee for inactivity
(No activity for 2 years and balance less than $200)		 $5 per month


 

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