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BUSINESS MONEY MARKET

Description:

Commercial Interest Bearing Limited Checking. This account is not an account to which Truth in Savings applies.

Requirements:

  • Minimum Balance to open - $1000.00 
  • Certificate of Assumed Name/Certificate of Incorporation

Benefits:

  • Interest will be compounded daily.  Interest will be credited to your account monthly. 
  • Free Internet and Phone Banking

Cost:

  • A maintenance fee of $12.50 will be imposed if your balance falls below $1000 on any day in the statement cycle.
  • Transaction Limitations:  During any calendar month, you may not make more than six withdrawals or transfers to another account of yours or to a third party by means of a preauthorized or automatic transfer or telephone order or instruction, or by check, draft, debit card or similar order to a third party. 
  • An activity fee of $10.00 will be charged for each debit in excess of 6 during a statement cycle.


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