BUSINESS SAVINGS ACCOUNT
Free Online Bank Statements
$3 per month service fee if balance falls below $250
Account allows 4 free withdrawals per month, then $2 per withdrawal
Business Savings account has a flat interest rate, interest accrued daily, and credited monthly
BUSINESS MONEY MARKET ACCOUNT
$10 per month service fee if balance falls below $5,000
Account allows 6 free withdrawals per month, then $10 per withdrawal
Business Money Market account has a tiered interest rate:
$0-$24,999 | $25,000-$49,999 | $50,000-$99,999 | $100,000-$249,999 | >$250,000
IMPORTANT INFORMATION ABOUT OPENING A LEGAL ENTITY ACCOUNT
Effective May 11, 2018, new rules under the Bank Secrecy Act will aid the government in the fight against crimes to evade financial measures designed to combat terrorism and other national security threats. EACH time an account is opened for a covered Legal Entity, we are required to ask you for identifying information (name, address, date of birth, social security number as well as identification documents) for each individual that has beneficial ownership (25% or more) and one individual that has significant managerial control of the Legal Entity. If you are opening an account on behalf of a Legal Entity, you will be required to provide the appropriate documentation and to certify that this information is true and accurate to the best of your knowledge.
We proudly support all efforts to protect and maintain the security of our customers and our country.