Accounts | Minimum Deposit to Open Account | Min Balance to Avoid Fees | Rate of Interest Earned (compounded daily) | Monthly Service Charge | Statement Cycle |
---|---|---|---|---|---|
Business Regular Savings | N/A | $100 |
Variable
|
$2 if balance falls below $100
|
Semi-Annually
(Any pre-authorized or ATM transactions: monthly)
|
Business Money Market Savings | $2,500 | $100 |
Variable (Interest earned at regular savings rate if balance falls below $2,500)
|
$2 if balance falls below $100
|
Monthly
|