To expedite the process when you open a business account or apply for a business loan, there is information you can gather beforehand. Here's a helpful checklist, including links to our Personal Financial Statement (PFS) form.
All accounts have a minimum opening deposit of $50. If account is closed within 180 days of open date, a $25 fee will be assessed.
Federal law limits savings accounts to no more than six (6) pre-authorized automatic transfers and/or withdrawals or telephone (including data transmission) agreements during any one (1) calendar month or statement cycle of at least four weeks.
A $10 excess transfer fee will be applied to each pre-authorized transfer over the allowed 6 per month.
Cash and currency deposited fee is
$.15 per $100 over product threshold.
Advertised APYs (Annual Percentage Yield) are accurate as of February 23, 2016, require a deposit, are subject to change, and assume money stays on deposit until CD maturity date. A penalty may be imposed for early withdrawal, which may reduce earnings. Maximum deposit per household is $500,000. Public funds, institutional funds and brokered CDs are ineligible for advertised APYs.
