Business Regular Savings

  • $50 minimum to open account
  • Earns interest on average daily balance
  • Interest is credited quarterly
  • No monthly maintenance fee with minimum daily balance of $100 during the month
  • $8.00 monthly maintenance fee if daily balance goes below $100 during the month
  • Six free withdrawals per month
  • $3.00 fee for each withdrawal in excess of six per month*

*In the past, Federal Regulations limited ‘specific’ debit transactions to six (6) per month on all Money Market / Savings accounts. Effective Friday April 24, 2020, The Federal Reserve Board announced a change to this rule. This interim rule now allows “Unlimited” withdrawals on Money Market and Savings accounts. Until further notice, you are no longer limited to six (6) withdrawals per month.