Business savings accounts

Commercial Savings Account¹

• $200 minimum opening deposit
• $200 minimum daily balance required to avoid $3 monthly maintenance fee
• Free online banking
• Interest rate may change daily; interest compounds daily and is credited monthly
• Two free withdrawals per month. (An excess transaction fee of $3 is charged for each item over the regulatory limit of six.)
• Must be 18 years of age; some restrictions apply. Additional documentation is necessary as required by federal law.

Advantage Business Savings Account

• $200 minimum opening deposit
• $200 minimum daily balance required to avoid $3 monthly maintenance fee
• Free online banking
• Tiered interest—the more you have on deposit, the higher your return—compounded daily and credited monthly
• Two free withdrawals per month ($1 per item excessive withdrawal fee at the end of each month for each additional withdrawal)
• Must be 18 years of age; some restrictions apply. Additional documentation is necessary as required by federal law.

Business Money Market Account¹

• $2,500 minimum opening deposit
• $2,500 minimum daily balance to avoid $10 monthly service fee
• Free online banking
• A $10 per item excess transaction fee is charged for each item over the regulatory limit.  
• Interest rate may change daily; interest compounds daily and credits account monthly (this is a tiered rate product that pays interest based on balance)
• Must be 18 years of age; some restrictions apply. Additional documentation is necessary as required by federal law.

1: You may make no more than six transfers and/or withdrawals from your account during any one calendar month or statement cycle (the period from one statement to the next) or similar period of at least four weeks by preauthorized or automatic transfers, or telephonic (including data transmissions) agreement, order of instruction, or by check, draft, debit card, or similar order made by you and made payable to third parties. You may make unlimited withdrawals (payments directly to you or transfers of funds from your account to any other deposit or loan account with us) either in person at our locations, by mail, messenger, telephone (via check mailed to you) or use of an ATM card (if applicable).