Business Savings

SAVINGS ACCOUNT

This account has a minimum balance of $5.00 to earn interest, $100.00 to avoid a service fee.  If the balance drops below $100.00 at any time during the statement cycle, a $1.00 fee is imposed.  Six withdrawals per month are allowed with no fee (three by check and three electronic), $0.50 fee per withdrawal is imposed after three (either electronic or by check) per statement cycle.  Interest is compounded daily and credited monthly.