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statement savings account (business)

Minimum balance to open:
 
$50.00
 

Fees: A service charge of $5.00 will be imposed every month if the balance in the account falls below $50.00 any day of the month. A per item service charge of $1.00 will be charged for each withdrawal in excess of two during a month.
 

Rate information: Your interest rate and annual percentage yield may change. Interest is compounded daily and credited to your account every six months. Please call for current rate information.
 

Transaction limitations: Transfers from a statement savings account to another account or to third parties by preauthorized, automatic, or telephone transfer are limited to six per month with no transfers by check, draft, debit card, or similar order to third parties.