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Business
Accounts - Savings
Business Savings
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| Best
For |
For businesses, organizations, government agencies, business associations, sole proprietors, security deposits, escrow funds, trusts and other fiduciary accounts, public funds, pension funds and non-profit organizations operating for religious charitable, educational or similar purposes. |
| Features |
 | Minimum deposit of $100.00 to open this account. |
| A service fee of $5.00 will be charged each monthly statement period unless a minimum ledger balance of $100.00 is maintained during that statement period. |
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A
withdrawal fee of $1.00 per additional withdrawal over
6 will be charged per statement. |
| Variable
interest will be calculated using the simple method based
on the daily collected balance and credited monthly |
| Depositor may make no more than six preauthorized withdrawals (including, but not limited to withdrawals made by automated clearing house, telephone or wire) each monthly statement period. These limitations do not apply to withdrawals made through automated teller machines, over-the-counter, mail or messenger. |
| Monthly statement provided.
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Business Money Market Plus Savings Account
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| Best
For |
For businesses, organizations, government agencies, business associations, sole proprietors, security deposits, escrow funds, trusts and other fiduciary accounts, public funds, pension funds and non-profit organizations operating for religious, charitable, educational or similar purposes. |
| Features |
| Minimum deposit of $1,000.00 to open this account. |
| A service fee of $10.00 will be charged each monthly statement period unless a minimum ledger balance of $5,000.00 is maintained during that statement period. |
| Interest rates are variable and determined daily at Banks discretion for balance $1,000.00 to $9,999.99 and $10,000.00 and over. |
| Variable
interest will be calculated using the simple method based
on the daily collected balance and credited monthly |
| Depositor may make no more than six pre-authorized withdrawals (including, but not limited to withdrawals made by automated clearing house, telephone or wire) no more than three of which may be made by check, each monthly statement period. These limitations do not apply to withdrawals made through automated teller machines, over-the-counter, mail or messenger. |
| There will be a $5.00 additional transaction fee for any authorized withdrawal exceeding six. |
| Check Safekeeping is required. |
| Monthly statement provided.
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