Business Deposit Accounts

 

Savings Account

  • Allows you to move funds between your checking account and an FDIC-insured interest bearing account throughout the month to maximize balances accruing interest
  • There is a Minimum Daily Balance requirement of $200 to avoid a quarterly service charge of $7.50
  • Unlimited withdrawals may be made in person, by mail or messenger at the bank
  • Check out our Savings Deposit Rates

Money Market Account

  • Combines liquidity and convenience in a tiered variable-rate, interest-bearing account with limited check-writing privileges, which allows you to manage your cash flow by moving funds between your checking account and an FDIC-insured interest bearing account
  • Unlimited deposits
  • Unlimited in-person teller withdrawals and up to six preauthorized withdrawals each month.
  • Interest rates are tiered which provides a higher yield with higher balances
  • Minimum Daily Balance of only $2,000 to avoid a monthly service charge of $15
  • Check out our Money Market Deposit Rates

Certificates of Deposit

We regularly offer a wide range of fixed-rate certificates of deposit, including the following terms:

  •  1 Month
  •  24 Months
 
  •  3 Months
  •  30 Months
 
  •  6 Months
  •  36 Months
 
  •  12 Months
  •  48 Months
 
  •  18 Months
  •  60 Months
 

 Minimum balance to open a fixed-rate certificate of deposit is $1,000.

From time to time we offer special fixed rate certificates of deposits with higher minimum balances for other monthly terms. Check out our CD Rates for current rates and specials.

Variable Rate Certificate of Deposit

Many of our customers use a Variable Rate CD in place of a Money Market Account because you typically earn higher rates than competitive money markets. Minimum balance to open and maintain is $5,000.


Variable Rate CD-Features & Benefits

  • Convenient access to your money as long as you maintain the minimum balance
  • Unlimited deposits (you can make deposits into your CD throughout the year)1 
  • Earn market rates, better than most money markets
  • Interest rates are based on the 90-day Treasury Bill Rate, and are subject to change weekly
  • Convenience of calling or visiting your personal banker to add to or access your money
  • Your account earns interest which is compounded and paid monthly
  • FDIC Insured
  • Receive monthly statements

1Funds must remain on deposit for 7 days before each withdrawal or a penalty will be imposed.


Easy To Open These Accounts

Fill out and submit this application form or come see one of our personal bankers.