This savings account is perfect for businesses that want to earn interest on funds without maintaining a high minimum balance. Other features include:
- $500 minimum daily balance requirement*
- No fee for the first 25 items deposited**
- Interest is compounted and credited monthly
- Free phone banking
- Free online banking for business
$50 opening deposit. $10 for each excessive withdrawal.
*$5 monthly fee if $500 daily balance is not maintained.
**A fee of 15¢ per item will be charged for deposited items in excess of 25.