Commercial Statement Savings
This account gives you the flexibility to make deposits and withdrawals at your convenience. With as little as $100, you can open your account and begin earning a competitive rate of interest on your money.
Take advantage of automatic transfers from your checking account and see how quickly your savings balance grows!
- Summary
- Competitive rate of interest
- 2 withdrawals per statement cycle*
- Direct Deposit available
- Automatic payments and transfers
- Combined accounts statement
- FDIC insured
- Online Banking
- Online Statements
- Telephone Banking
*See "More Information" tab above for more details.
- More Information
Federal regulations require that all banks monitor activity on accounts classified as Savings Accounts. With regards to this regulation, no more than 6 (six) pre-authorized debits are allowed per statement cycle and no more than 3 (three) of which may be checks. Pre-authorized debits would include ACH debits, internet transfers, transfers to cover overdrafts, etc. Regulations allow unlimited in-person or ATM withdrawals but bank fees may apply. Please feel free to contact us should you have any questions. Interest is earned on the collected balance. Rates are subject to change daily; however, rates are currently reviewed weekly.
- $4 monthly fee waived on balances over $300
- $15 fee if closed within 6 months
- 50 items monthly*
*This includes deposits, checks deposited, paper drafts, electronic debits and credits, ATM transactions, POS transactions.
