Savings & Money Market Accounts

Business Savings Account

This free account is a reliable option for businesses of various sizes that need to set money aside for anticipated expenses or expansion.

Easily transfer money between your business checking and business savings accounts
All checking and savings activities are reported on one comprehensive monthly statement
e-Statements are available!
Federal regulations do limit the number of transfers from the account

Effective Date: Friday, October 4, 2024

Checking, Savings & Money Market Accounts (Rate Table)
Program	Minimum Daily Balance to earn APY	Interest Rate	APY*	Actions

All Access Checking Balances up to $3,000	$25.00	4.00%	4.07%	Open an Account - All Access Checking

Balances > $3,000		0.07%	4.07% - 0.50%

NOW Checking	$25.00	0.05%	0.05%	How To Open - NOW Checking Account

Money Market Account	$25.00	0.05%	0.05%	Open an Account - Money Market

	$2,500.00	0.09%	0.09%
Statement Savings	$25.00	0.07%	0.07%	Open an Account - Statement Savings

Passbook Savings	$25.00	0.07%	0.07%	How To Open - Passbook Savings

Student Savings	$1.00	0.07%	0.07%	How To Open - Student Savings

Holiday	$1.00	0.07%	0.07%	How To Open - Holiday

Variable Rate IRA	$100.00	0.12%	0.12%	How To Open - Variable Rate IRA

Club Accounts	$1.00	0.07%	0.07%	How To Open - Club Accounts

(Student Statement Savings Accounts are available only to students in participating elementary schools in conjunction with School Savings program; there are no monthly service fees.)

*The minimum balance required to earn the stated Interest Rate and Annual Percentage Yield (APY) on the Money Market Account is $2,500. If the balance is below $2,500 for any day, your account will earn our then current NOW Checking Account rate for that day. The minimum daily balance required to open accounts, earn interest and obtain the Annual Percentage Yield on the above accounts is $25 ($1 for Club Accounts & Student Savings, $100 for IRA Variable Accounts). For IRAs, the minimum balance required to open the account and obtain the APY is $100.00.

Interest is compounded monthly and credited on the last business day of each month. Fees could reduce the earnings of the account.

These are variable rate accounts where the interest rate and Annual Percentage Yield may change after the account is opened.

How to Open - Business Account

Business Money Market Account

Put surplus cash to work and receive higher returns. This account offers businesses that typically have higher balances a straightforward investment option.

Competitive tiered interest rates
Make unlimited withdrawals from your account through over the counter withdrawals
Limited check writing is available

Effective Date: Friday, October 4, 2024

Checking, Savings & Money Market Accounts (Rate Table)
Program	Minimum Daily Balance to earn APY	Interest Rate	APY*	Actions

All Access Checking Balances up to $3,000	$25.00	4.00%	4.07%	Open an Account - All Access Checking

Balances > $3,000		0.07%	4.07% - 0.50%

NOW Checking	$25.00	0.05%	0.05%	How To Open - NOW Checking Account
Money Market Account	$25.00	0.05%	0.05%	Open an Account - Money Market
	$2,500.00	0.09%	0.09%

Statement Savings	$25.00	0.07%	0.07%	Open an Account - Statement Savings

Passbook Savings	$25.00	0.07%	0.07%	How To Open - Passbook Savings

Student Savings	$1.00	0.07%	0.07%	How To Open - Student Savings

Holiday	$1.00	0.07%	0.07%	How To Open - Holiday

Variable Rate IRA	$100.00	0.12%	0.12%	How To Open - Variable Rate IRA

Club Accounts	$1.00	0.07%	0.07%	How To Open - Club Accounts

(Student Statement Savings Accounts are available only to students in participating elementary schools in conjunction with School Savings program; there are no monthly service fees.)

Interest is compounded monthly and credited on the last business day of each month. Fees could reduce the earnings of the account.

These are variable rate accounts where the interest rate and Annual Percentage Yield may change after the account is opened.

How to Open - Business Account