Business Accounts

As you run your business day-to-day, make sure your balance is growing daily with competitive interest.

Key Features

Competitive Interest

Competitive Interest¹

Digital Banking

Digital Banking*

Free Debit Card

Free Debit Card

Details

Business Checking

  • Ideal for businesses with smaller transaction volumes
  • Simplified checking solution
  • Avoid the $6 monthly service fee by maintaining an $500 minimum daily balance
  • Unlimited transactions
  • Free digital banking services¹, including:
    • Free online banking & bill pay
    • Free mobile banking
    • Free eStatements
  • Free Mastercard® business debit card
  • $500 minimum deposit to open

¹ OD and Returned Item Fees apply to overdrafts and returned items created by check, in person withdrawal, ATM withdrawal, or electronic means. Transactions may not be processed in the order in which they occur. The order in which the transactions are received by the bank may affect the total amount of overdraft fees incurred on your account. The bank offers customers the free service of preauthorizing the bank to transfer funds from a checking account, NOW account, Super Now, Insured Money Market account, or line of credit to clear their overdraft accounts. This will be done by contacting our Bookkeeping Department.

  • Competitive interest on entire balance¹
    • Compounds every 6 months and is paid to account every 6 months²
  • Avoid the $1 monthly service fee by maintaining a $100 minimum daily balance
  • 6 free withdrawals per month; $2 fee for withdrawals in excess thereafter
  • 6 monthly transfers from a Statement Savings account to another account or third party by preauthorized, automatic, telephone, or overdraft transfer³
  • Free digital banking services4, including:
    • Free online banking
    • Free mobile banking
    • Free eStatements
  • $100 minimum deposit to open

¹ We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day. Interest begins to accrue on the business day you deposit noncash items (for example, checks).

² Fees may reduce earnings.

³ No transfers by check, draft, debit card, or similar order to third parties.

⁴ OD and Returned Item Fees apply to overdrafts and returned items created by check, in person withdrawal, ATM withdrawal, or electronic means. Transactions may not be processed in the order in which they occur. The order in which the transactions are received by the bank may affect the total amount of overdraft fees incurred on your account. The bank offers customers the free service of preauthorizing the bank to transfer funds from a checking account, NOW account, Super Now, Insured Money Market account, or line of credit to clear their overdraft accounts. This will be done by contacting our Bookkeeping Department.

Business Money Market

  • Competitive interest on entire balance¹
  • Account uses debit card, no checks²
  • Avoid $25 monthly service fee by maintaining a $5,000 minimum daily balance
  • Free direct deposit
  • Free digital banking services³, including:
    • Free online banking
    • Free mobile banking
    • Free eStatements
  • $5,000 minimum deposit to open

¹ This Account is interest bearing. The interest rate and annual percentage yield may change. At our discretion, we may change the interest rate on the account weekly. Interest begins to accrue on the business day you deposit noncash items (for example, checks. Interest will be compounded monthly and will be 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 this account. This method applies a daily periodic rate to the principal in the account each day.

² No transfers by check, draft, debit card, or similar order to third parties are allowed.

³ OD and Returned Item Fees apply to overdrafts and returned items created by check, in person withdrawal, ATM withdrawal, or electronic means. Transactions may not be processed in the order in which they occur. The order in which the transactions are received by the bank may affect the total amount of overdraft fees incurred on your account. The bank offers customers the free service of preauthorizing the bank to transfer funds from a checking account, NOW account, Super Now, Insured Money Market account, or line of credit to clear their overdraft accounts. This will be done by contacting our Bookkeeping Department.