Business Statement Savings

Opening Deposit

$100 minimum

Eligibility

All businesses

Transaction limitations

6 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

$500 or more

No charge

Less than $500

$9/quarter

Fees are assessed quarterly. A $3 fee will be charged for each withdrawal over the quarterly limit of six.