Whether you’re looking for an emergency fund, a safe investment, or something in between, we have the solution for your business.
Key Features
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Competitive Dividends
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Free Digital Banking
Business Basic Savings
- Basic savings account
- Competitive dividends on balances of $50 or more
- No monthly service charges
- 6 free withdrawals per month; $1 fee for withdrawals in excess thereafter
- Free digital banking
- $5 minimum deposit to open
Business High Yield Money Market
- Competitive dividends on balances of $2,500 or more
- Tiered rates – higher balances earn higher rates
- Enjoy flexibility with enhanced access to funds
- Unlimited in-person withdrawals or by mail
- 6 free transactions per month by pre-authorized automatic, telephone, checks, drafts, debit cards, or other similar order; $1 per transaction in excess thereafter
- Free digital banking
- $2,500 minimum deposit to open
Business Certificates of Deposit (CDs)
- Fixed rates, higher than regular savings
- Receive higher rates by selecting a longer term
- Dividends are compounded and paid monthly
- Provides more guarantee than other risky investments
- Set aside for future savings goals
- A wide range of terms available (from 6 months to 5 years)
- No setup or maintenance charges
- Early withdrawals subject to penalty1
- Renews automatically upon maturity after 10-day grace period
- $500 minimum deposit to open Regular CD
- $50,000 minimum deposit to open Jumbo CD
1If early withdrawal of principal is necessary, withdrawal amount cannot be less than $1,000 or CD must be fully withdrawn.
Early withdrawal penalties include forfeiture of a set number of days interest on the entire principal balance as determined by the term length of the certificate as follows:
| Term | Interest Penalty |
| 1 Year or Less | 90 Days |
| More than 1 Year | 180 Days |
No early withdrawal penalty will be assessed if the principal is withdrawn due to the death of any joint party to the certificate.
