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Business Savings Accounts

Account Type Minimum Balance
Requirement
Monthly Account Maintenance Free Debits Features & Benefits
Money Market Business Savings $1,000 - No Maintenance fee if balance remains above $1,000
- $5.00 monthly Maintenance fee if balance falls below $1,000
- Federal Regulated Laws to Money Market Funds
- $1.00 per check/debit fee over 6
- Federal Regulation D limits savings accounts to 6 transfers per month(calendar or statement cycle) by check, draft, debit card or other payment order to a 3rd party as well as transfers out by telephone, Internet or through an automated clearing house (ACH).
6 -Touch Tone 24 Hour Teller
-ACH Monthly Statement
Regular Business Savings $50 - No Maintainence charge if balance remains above $50
- $3.00 Maintainence charge per statement if balance falls below $50
- $.50 Activity Charge per withdrawal over 10
 - Federal Regulation D limits savings accounts to 6 transfers per month, of which only 3 can be by check, draft or debit card payable to third parties and 3 by pre-authorized ACH withdrawals
10 -Touch Tone 24 Hour Teller
-ACH Monthly Statement
-Quarterly Statement
Public Fund Money Market Savings $1,000

- No Maintenance fee if balance remains above $1,000.
- $7.00 Maintenance fee if balance falls below $1,000.
- Federal Regulated Laws to Money Market Funds.
- $1.00 per check/debit fee over 6.
- Federal Regulation D limits savings accounts to 6 transfers per month(calendar or statement cycle) by check, draft, debit card or other payment order to a 3rd party as well as transfers out by telephone, Internet or through an automated clearing house (ACH).

6 -Interest subject to bid
-Monthly Statement

Subject to service charge if dormant over 6 months