Business Statement Savings

Opening Deposit

$100 minimum

Eligibility

All businesses

Transaction limitations

9 withdrawals per calendar quarter at no charge

Interest

Earned at the Statement Savings rate and credited quarterly

Service Charges

Minimum Daily Collected Balance

Quarterly Fee

$300 or more

No charge

Less than $300

$10/quarter

Fees are assessed quarterly. A $1.00 fee will be charged for each withdrawal over the quarterly limit of nine.