Beyond its most obvious purpose, this account allows your funds to earn quarterly interest. Use your balance to waive service charges.
- Competitive Interest
- 6 Withdrawals Monthly
- Digital/Online Banking
- Competitive savings with limited access to funds
- Interest earned on minimum daily balances of $1,0001
- Avoid the $15 quarterly maintenance charge by maintaining a $1,000 minimum daily balance or $1,500 minimum average daily balance2
- 6 preauthorized withdrawals, automatic or telephonic transfers, checks, drafts, debit card and similar transactions per month
- $25 per withdrawal in excess thereafter
- Free online banking
- Additional business services available
- $1,000 minimum deposit to open
1The daily balance method is used to calculate interest on the account. This method applies a daily periodic rate to the principal in the account at the end of each day.
2The daily balance is the principal in the account at the end of the day. The average daily balance is calculated by adding the principal in the account at the end of each day of the statement cycle and dividing that figure by the number of days in the statement cycle.