Business Savings
Business Savings Essentials
Whether your business or nonprofit is small or large, this savings account is right for any organization wanting a straightforward savings account with a low opening deposit and convenient access to funds.
Account Details
Minimum Opening Deposit
$100
Monthly Service Fee
$5
How To Avoid Monthly Fee
Monthly service fee can be waived[cite::25::cite] by maintaining a minimum daily balance of at least $500[cite::5::cite] OR if linked to a qualified Business Checking Account (Business Connect or Business Interest)
Paper Statement Service
$6[cite::12::cite]
Features & Benefits
- Variable rate, compounded daily, paid monthly[cite::22::cite]
- Conduct up to 50 deposit transactions per statement cycle at no charge[cite::13::cite]
- Deposit up to $15,000 in cash per statement cycle without a fee[cite::6::cite]
- Transaction limits apply; make up to six (6) withdrawals or transfers during a monthly statement cycle without a withdrawal fee[cite::14::cite]
- Earn premium rates with a qualifying checking account[cite::20::cite]
- Use Business Online Banking and Business Online Bill Pay to manage your finances efficiently using a mobile phone, tablet or computer[cite::16::cite]