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Business Savings and CDs

Small Business customers with excess cash to invest may select from the following savings and money market products:

Small Business Savings

  • No minimum balance requirements
  • No monthly maintenance fee. All other fees-e.g., stop payments, non-sufficient funds, certified checks-will apply
  • ATM card, subject to certain eligibility criteria
  • Variable interest rates
  • Unlimited withdrawals in person or at an ATM
  • Up to six transfers to another account or third party by preauthorized automatic or telephone transfer, three of which may be made by ATM card or similar electronic means

Small Business Savings Plus - Money Market Account

  • No minimum balance requirements
  • $10 monthly maintenance fee. All other fees-e.g., stop payments, non-sufficient funds, certified checks-will apply
  • Up to six monthly withdrawals or transfers by preauthorized transfer, telephone online or by check (of which three may be made by check)

Small Business Certificates of Deposit

  • Flexibility and security with competitive rates of interest
  • Terms range from six months to five years and your interest rate is fixed for the full length of the term you select
  • Early withdrawal penalties apply
  • No monthly maintenance fees
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