Commercial Savings & Investment Options
Statement Savings Account
One of the safest, smartest deposit options available – you have maximum flexibility, earn interest and retain immediate access to your money. An excellent way to provide overdraft protection on a checking account. FDIC insured.
Commercial Savings
Minimum to Open
$250
Monthly Maintenance Fee
$6 per statement cycle ($18 per quarterly statement cycle)
Minimum Daily Balance
$2,500 minimum daily balance to waive maintenance fee
Transaction Limits
Three preauthorized transactions per month at no charge; $5.00 excessive withdrawal fee for each transaction over three; up to six total preauthorized withdrawals, automatic or telephonic transfers, checks, drafts and debit card or other similar transactions from your account per month or statement cycle
Money Market
Minimum to Open
$1000
Monthly Maintenance Fee
$15.00 per statement cycle
Minimum Daily Balance
$5,000 minimum daily balance to waive monthly maintenance fee$2,500 minimum daily balance to earn interest
Transaction Limits
Three preauthorized transactions per month at no charge; $15.00 excessive withdrawal fee for each transaction over three; up to six total preauthorized withdrawals, automatic or telephonic transfers, checks, drafts and debit card or other similar transactions from your account per month or statement cycle
$2.50 fee per $1,000 cash deposited
$.50 per item deposited over 15 items
$2.50 fee per $1,000 cash deposited
$.50 per item deposited over 15 items
