Commercial Deposit Products

Below is an overview of the Commercial Deposit Products. Please refer to the Truth in Savings Disclosure for detailed information.

Opening Deposit Transaction Limits Interest Bearing E-Statement Online Banking

Commercial Checking

$100.00 Unlimited No Monthly
A minimum balance fee of $12.00 will be imposed every cycle if the average daily balance for the cycle falls below $2,000.00.

Analysis

$100.00 Unlimited No Monthly
The service charge is dependent upon the factors described for this account. Each month an earnings credit is calculated on the acount and compared to the fees accrued on the account. If the earnings credit is more than the accrued fees, no service charge is accessed. If the earnings credit is less than the accrued fees, the deficit is charged to the account. The amount of he earnings credit is determined by applying an earnings credit rate to the average daily balance on the monthly less a deduction for the reserve requirement. Accrued fees for the month include charges for account maintenance and transaction activity. Some fees are considered "Hard Dollar Fees", which means your account is debited for the fees as you use the service). The fees below apply for this account.

Money Market Account

$2,500.00 Limited Variable Rate Monthly
You must maintain a minimum balance of $2,500.00 in the account each day to obtain the disclosed annual percentage yield. A minimum balance fee of $15.00 will be imposed each monthly statement cycle if the average daily balance for the monthly statement cycle falls below $2,500.00. Limited to 6 transfers/withdrawals per month.

Savings

$150.00 Limited Variable Rate Quarterly
You must maintain a minimum balance of $150.00 in the account each day to obtain the disclosed annual percentage yield. A minimum balance fee of $5.00 will be imposed each month if the average daily balance for the month falls below $150.00. A fee of $1.00 per item will be charged after two withdrawals in a month.

Certificate of Deposit

$1,000.00 No Fixed Rate No
A penalty will be imposed for principal withdrawals before maturity.

CDARS

No Fixed Rate
Please contact your local branch for more information.

ICS

No Variable Rate
Please contact your local branch for more information.