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Savings & Money Market Accounts

Ensure reserves are working for you and helping your business thrive.

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: Sunday, June 16, 2019

Checking, Savings & Money Market Accounts

Minimum Daily Balance to earn APYInterest Rate APY*
$25.00 0.10% 0.10%

(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 and Student Savings).  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.

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

Checking, Savings & Money Market Accounts

Effective Date: Sunday, June 16, 2019

Checking, Savings & Money Market Accounts

Minimum Daily Balance to earn APYInterest Rate APY*
$25.000.05%0.05%
$2,500.000.15% 0.15%

(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 and Student Savings).  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.

Please see our Disclosure Statement for additional account details.