Business High Yield Deposit Account
Larger balances benefit from the rate paid by this specialized account.
Business High Yield Deposit Account Benefits
- Interest paid on balances over $5,000
- ATM card for sole proprietor
- Six transactions per statement cycle at no charge*
Additional Benefits
- FREE Online Banking and Telephone Banking
- FREE Bill Pay
- FREE e-statements
- Minimum opening deposit required
- Monthly statement
- Monthly service charge is avoided by maintaining a minimum daily balance
- FDIC insurance
*Debit card transactions, digital banking transfer, preauthorized transfer, telephone transfer, in branch transfer, check, draft or other similar order initiated by depositor to a 3rd party are limited to six (6) per statement cycle. Transactions in excess during each statement cycle will be charged the excess transaction fee for each transaction. In person withdrawals, ATM transactions, and deposits are exempt from the excessive transaction fee.
Please refer to the Service Charge Schedule for details on service fees such as paper statement, monthly service charges, and others.