News and Alerts |
On October 3, 2008, FDIC deposit insurance temporarily increased from $100,000 to $250,000 per depositor...
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| Business Statement Savings |
- $500 minimum to open
- $5.00 monthly maintenance fee
Maintenance fee can be avoided by maintaining a $500 minimum daily balance.
- Unlimited deposits
- Unlimited withdrawals can be made when in person, by ATM, by messenger, or by mail with check mailed directly to you.
- Federal Regulations limit debits to six (6) per month, which include preauthorized withdrawals, debit card transactions, or similar order to third parties.
- An excess debit fee of $5.00 will be charged for each withdrawal in excess of the six (6).
- Interest is compounded daily, credited quarterly and paid on collected balance
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