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.
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.
