Business Savings
Get the personal attention your business deserves. Whether you’re just starting up or your company is generations old, we offer flexible, scalable business checking and savings solutions that will grow along with you.
No matter which account you choose, you’ll experience the Deep Roots ~ Strong Branches difference —financial solutions personalized to your needs, convenient online and mobile banking tools, a dedicated banker who answers when you call, and first-class service.
BUSINESS SAVINGS
Designed for businesses just beginning to build a reserve of funds.
Unlimited ATM and in-branch withdrawals. You can also make up to six free withdrawals or transfers by pre-authorized, automatic, or telephone per month (statement cycle).
- Tiered rates provide higher interest
- ATM Card available
- $500 minimum opening balance required
- $7.50 monthly service charge if daily balance falls below $500
- $4 fee on each withdrawal which exceeds limits stated above
The interest rate and annual percentage yield may change. At our discretion, we may change the interest rate on the account daily. Interest will be compounded daily and credited to the account monthly. If the account is closed before interest is credited you will not receive the accrued interest. We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day. We will use an interest accrual basis of 365 for each day in the year. Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks). Fees could reduce the earnings on the account.
†APY=Annual Percentage Yield.
Withdrawals or transfers to another account or third parties by pre-authorized, automatic, or telephone transfers are limited to six (6) per statement cycle, which includes by check, draft, debit card or similar order to third parties. Transfers and withdrawals made in person, by messenger, by mail or at an ATM are unlimited. For each additional withdrawal, an excessive withdrawal fee of $4 will be applied at the end of the statement cycle.
