Small Business and Commercial Investment Plans

Insured Money Market Account:

• Earns money market rate of interest.
• Allows 6 transfers from the account per month but only 3 may be payment by check to a third party.
• No service charge with a $1,000 minimum balance. A service charge of $10 will be imposed upon any statement period when the balance in the account falls below the $1,000 on any day of that statement period.

 
Regular Savings Account:

• No service charge for withdrawals from savings accounts with a $500 minimum balance.
• Below $500, one free withdrawal per month. A service charge of $.50 per additional withdrawal will be charged if the balance has fallen below the $500 minimum during the month. 
• If the account does not maintain an average balance of $300 or more, a $3.50 maintenance charge will apply.
• An account opened and closed within 90 days will be service charged $10.

Certificates of Deposits:

• Maturities of 30 days to 5 years (minimum required and interest rates and annual percentage yields vary).
• Special Jumbo Certificates of Deposit ($100,000 minimum required: negotiated rates for various maturities). Early withdrawal penalties may apply.