Business Banking

REGULAR CHECKING

Minimum Opening Deposit…………………….………..………… $300.00
Minimum Daily Balance to avoid maintenance fee ……..…….... $300.00
Monthly Maintenance Fee ………………………………..………..… $5.00
Free Checking to any person over age 62 and to full-time students (upon request).

SUPER-NOW ACCOUNT

Minimum Opening Deposit ….………………...………..….…… $1,000.00
Minimum Daily Balance to Earn APY …………....................... $1,000.00
Interest Rate & Annual Percentage Yield (APY) ….….. See Rate Sheet
Interest Computation Method …………………..……….. Daily Balance*
Interest Compounding & Crediting Frequency …................…… Monthly
Monthly Maintenance Fee: $5.00 if the daily balance falls below $1,000.00 or average daily balance** falls below $1,500.00

SAVINGS ACCOUNT

Minimum Opening Deposit ….………………………………….… $100.00
Minimum Daily Balance to avoid maintenance fee ……………..…….. $0
Minimum Daily Balance to Earn APY …………………….......…. .......$0
Interest Rate & Annual Percentage Yield (APY) ……… See Rate Sheet
Interest Computation Method …………………..……..….. Daily Balance*
Interest Compounding & Crediting Frequency ……….…......... Quarterly
There is a $1.00 charge for each withdrawal over four (4) in a one month period.
Savings accounts with a balance less than $30.00 which are more than 6 months dormant will be charged $1.00 per month.

MONEY MARKET ACCOUNT

Minimum Opening Deposit ….………………………….…….… $2,500.00
Minimum Daily Balance to avoid maintenance fee ………..….……...  $0
Minimum Daily Balance to Earn APY ….…………….………... $2,500.00
Interest Rate & Annual Percentage Yield (APY)……..... See Rate Sheet
Interest Computation Method …………………..……...…. Daily Balance*
Interest Compounding & Crediting Frequency ….…………….… Monthly
Transaction Limitations: Minimum withdrawal/transfer amount of $500.00 with only 6 withdrawals/transfers per month.

CERTIFICATES OF DEPOSIT

Minimum balance to open and obtain APY is $1,000.
Interest on your certificates of deposit with terms less than 6 months will be compounded and credited at maturity. For terms of 6 months and greater, interest will be compounded and credited quarterly.