BUSINESS SAVINGS
BusinessMAX Money Market Account
This account is for business customers who keep significant balances in savings instruments. This account pays premium rates indexed to the Fed Funds rate, and higher balances earn higher rates with our tiered earnings structure. Rates adjust automatically with the Fed Funds rate. Offers full liquidity so you can access your money when you need it*. Please contact us for current interest rates.
- Minimum deposit of $1,000 is required to open this account.
- No monthly maintenance fee when you maintain a minimum balance of $2,500
- *Up to six pre-authorized or phone transfers to another of your accounts or to a third party per month ($5 fee for each additional transfer/withdrawal over 6)
Regular Business Savings
Regardless of your balance, this account pays the current variable market rate of interest which is credited quarterly.
- Minimum deposit of $100 is required to open this account
- No monthly maintenance fee when you maintain a balance of $100
- Up to three (3) free withdrawals/transfers per quarter (Low $2 fee for each additional withdrawal/transfer.)