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We
have several savings and investment options to serve your business
needs.
An unlimited number
of withdrawals may be made in person on our Statement Savings and
Money Market Savings accounts. Six preauthorized transactions, three
of which may be by check, are allowed each month.
| Business
Statement Savings |
- Interest rate is set by bank and may change weekly
- Interest is compounded and credited to your account
monthly
- Monthly statement
- $25.00 opening balance required
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| Business
Money Market Savings |
- Interest rate will be equal to the previous month's
91 day T-Bill less an index margin
- Interest is compounded and credited to your account
monthly
- Monthly statement
- $1,000.00 opening balance required
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| Premium
Index Money Market Savings |
- Competitive Rate of Interest
- Interest is compounded and credited to your account
monthly
- Monthly statement
- $10,000.00 opening balance required
- If the balance should fall below $10,000.00 during
the statement cycle, you will receive a lower rate of interest
which is set by the bank
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