Business Checking
Annual Percentage Yield (APY) is accurate as of September 1, 2010.
|
Account Type
|
Opening Deposit
|
Minimum Balance To
Obtain APY
|
Interest Rate
|
APY
|
|
Business Checking
|
$500
|
Account Analysis
Applies
|
N/A
|
No
|
|
Small Business Checking
|
$100
|
Small Business Checking Fees Apply
|
N/A
|
No
|
|
Money Market
|
$1,000
|
$.0.01-$9,999.99
$10,000-$49,999.99
$50,000-$99,999.99
$100,000 & Over
|
0.25%
0.50%
0.75%
1.00%
|
0.25%
0.50%
0.75%
1.00%
|
|
NOW Business Checking
|
$100
|
$500
|
0.25%
|
0.25%
|
|
Savings
|
$100
|
$100
|
0.25%
|
0.25%
|
Business Checking
-
Unlimted check writing
-
Courier service available
-
Deposit bags provided
-
Account analysis available
-
Service charges may be offset by earnings credit
-
Cash management services available
-
Fees may reduce earnings
Small Business Checking
-
First 50 Debits and Credits FREE
-
Courier service available
-
Deposit bags provided
-
Cash management services available
-
Fees may reduce earnings
Business Money Market
-
This account is a tiered variable interest rate account, and therefore, the interest rate and annual percentage yield may change at our discretion.
-
Transfers from this account to another account or to third parties by pre-authorized automatic or telephone transfers are limited to six per each monthly statement cycle with no more than three by check, draft or similar order to third parties
-
Fees may reduce earnings
NOW Business Checking Account eligible for sole proprietorships, non-profit organizations and government entities only.
-
Interest rates and annual percentage yields on the NOW Business Checking Accounts is variable and may change at our discretion.
-
Courier service available
-
Deposit bags provided
-
Cash management services available
-
Fees may reduce earnings
Business Savings
-
This account is a variable interest rate account, and therefore, the interest rate and annual percentage yield may change at our discretion.
-
Checks, drafts or similar orders to third parties are not available for this account
-
Transfers from this account to another account or to third parties by pre-authorized automatic or telephone transfers are limited to six per each monthly statement cycle
-
$100 minimum balance to open an account
-
$10 monthly fee when balance falls below $100
-
Fees may reduce earnings
