Put funds away for a rainy day — or for any other business purpose. This flexible account will do the trick.
Key Features
- Earn Interest
- 6 Withdrawals Per Month
- Convenient Digital Banking
- Build a cash cushion for the future
- Interest paid on collected funds over $501
- Avoid the $2 monthly maintenance fee by maintaining a $100 minimum daily balance2
- 6 withdrawals/transfer from your account per four (4) week or similar period3
- Excess withdrawals will be charged $2 each
- Fee applies if you close the account early4
- Quarterly imaged eStatement and/or combined statement (upon request)
- Convenient digital banking, including:
- Online banking5
- Mobile banking6
- eStatements
- Easy telephone banking
- $100 minimum deposit to open
1Rate information: This account is an interest bearing account. The interest rate and annual percentage yield may change. At our discretion, we may change the interest rate on the account daily. Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (for example, checks). Interest will be compounded quarterly and will be credited in the account quarterly.
2Balance information: We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day. You must maintain the minimum of $50 each day for the account to obtain the disclosed annual percentage yield.
3If by preauthorized or automatic transfer, or telephone (including data transmissions) agreement, order or instruction or by check, draft, debit card or similar order (including POS transactions), made by the depositor and payable to third parties. Transfers and withdrawals made in person by messenger, by mail or at an ATM are unlimited.
4Early closeout fee within 180 days of opening is $35.00.
5Note internet provider charges may apply.
6Cellular phone carrier charges may apply for internet and text messaging. Contact your provider for information regarding these charges.