Business Basic Checking
You must deposit $100.00 to open this account.
A service charge fee of $15.00 will be imposed every statement cycle if the balance in the account falls below $5,000.00 any day of the cycle.
No fee for the first 100 checks/debits; $0.30 for each additional check/debit paid against the account each statement cycle
No fee for the first 20 deposits/credit; $1.50 for each additional deposit/credit posted to the account each statement cycle
No fee for the first 100 items deposited; $0.20 for each additional item deposited during each statement cycle
Business Interest Checking
(This account is for sole proprietorships and non-profit organizations only)
The interest rate and annual percentage yield on your account may change.
At our discretion, we may change the interest rate on your account at any time.
Interest will be compounded every month. Interest will be credited to your account every month.
If you close your account before interest is credited, you will not receive the accrued interest.
You must deposit $100.00 to open this account.
A service charge fee of $15.00 will be imposed every statement cycle if the balance in the account falls below $5,000.00 any day of the cycle.
Additional fees may apply for other bank service, such as stop payments and wire transfers. Please refer to the Schedule of Fees and Charges for additional fee information.
You must maintain a minimum balance of $5,000.00 in the account each day in order to obtain the disclosed annual percentage yield.
We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.
Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks).
No fee for the first 50 checks/debits; $0.30 for each additional check/debit paid against the account each statement cycle.
No fee for the first 20 deposits/credit; $1.50 for each additional deposit/credit posted to the account each statement cycle.
No fee for the first 75 items deposited; $0.20 for each additional item deposited during each statement cycle.
Additional fees may apply for other bank service, such as stop payments and wire transfers. Please refer to the Schedule of Fees and Charges for additional fee information.
Business Basic Money Market
The interest rate and annual percentage yield on your account may change.
We may change the interest rate on your account at any time.
At our discretion, we may change the interest rate on your account.
Interest will be compounded every month. Interest will be credited to your account every month.
If you close your account before interest is credited, you will not receive the accrued interest.
You must deposit $2,500.00 to open this account.
A service charge fee of $15.00 will be imposed every monthly statement cycle if the balance in the account falls below $2,500.00 any day of the cycle.
You must maintain a minimum balance of $2,500.00 in the account each day in order to obtain the disclosed annual percentage yield.
We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.
Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks).
Transfers from this account to another account or to third parties by preauthorized, automatic, telephone or computer transfer (including bill payments) are limited to six per month. An excess transfer fee of $15.00 per item applies if these limits are exceeded. See the Schedule of Fees and Charges for details.
Additional fees may apply for other bank service, such as stop payments and wire transfers. Please refer to the Schedule of Fees and Charges for additional fee information.
Tier 1 – If your average daily balance is more than $2,499.99 but less than $25,000, the interest rate paid on the entire balance in your account will be ____% with an annual yield of _____%.
Tier 2 – If your average daily balance is more than $24,999.99 but less than $50,000, the interest rate paid on the entire balance in your account will be ____% with an annual yield of ____%.
Tier 3 – If your average daily balance is more than $49,999.99 but less than $100,000, the interest rate paid on the entire balance in your account will be ____% with an annual yield of _____%.
Tier 4 – If your average daily balance is $100,000 or more, the interest rate paid on the entire balance in your account will be ____% with an annual yield of _____%.
Business High Performance Money Market Checking
The interest rate and annual percentage yield on your account may change.
We may change the interest rate on your account at any time.
At our discretion, we may change the interest rate on your account.
Interest will be compounded every month. Interest will be credited to your account every month.
If you close your account before interest is credited, you will not receive the accrued interest.
You must deposit $10,000.00 to open this account.
A service charge fee of $25.00 will be imposed every monthly statement cycle if the balance in the account falls below $10,000.00 any day of the cycle.
You must maintain a minimum average daily balance of $10,000.00 to obtain the disclosed annual percentage yield. The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period.
We use the average daily balance method to calculate interest on your account. This method applies a periodic rate to the average daily balance in the account for the period. The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period.
Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks).
Transfers from this account to another account or to third parties by preauthorized, automatic, telephone or computer transfer (including bill payments) are limited to six per month. An excess transfer fee of $25.00 per item applies if these limits are exceeded. See the Schedule of Fees and Charges for details. If you exceed the above limitations your account may be transferred to a transaction account.
Additional fees may apply for other bank service, such as stop payments and wire transfers. Please refer to the Schedule of Fees and Charges for additional fee information.
Tier 1 – If your average daily balance is more than $9,999.99 but less than $100,000, the interest rate paid on the entire balance in your account will be ____% with an annual yield of _____%.
Tier 2 – If your average daily balance is more than $99,999.99 but less than $250,000, the interest rate paid on the entire balance in your account will be ____% with an annual yield of ____%.
Tier 3 – If your average daily balance is more than $249,999.99 but less than $500,000, the interest rate paid on the entire balance in your account will be ____% with an annual yield of _____%.
Tier 4 – If your average daily balance is more than $499,999.99 but less than $1,000,000, the interest rate paid on the entire balance in your account will be ____% with an annual yield of _____%.
Tier 5 – If your average daily balance is $1,000,000 or more, the interest rate paid on the entire balance in your account will be ____% with an annual yield of _____%.
Business Basic Savings
At our discretion, we may change the interest rate and annual percentage yield on your account at any time.
Interest will be compounded every month. Interest will be credited to your account every month.
If you close your account before interest is credited, you will not receive the accrued interest.
You must deposit $250.00 to open this account.
A service charge fee of $5.00 will be imposed every statement cycle if the balance in the account falls below $250.00 any day of the cycle.
You must maintain a minimum balance of $250.00 in the account each day in order to obtain the disclosed annual percentage yield.
We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.
Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks).
Transfers from this account to another account or to third parties by preauthorized, automatic, computer, or telephone transfer are limited to six per month with no transfers by check, draft, debit card, or similar order to third parties.
If you exceed the above limitations your account may be transferred to a transaction account.
An excess transfer fee of $15.00 will be charged for each debit transaction in excess of six per monthly statement cycle.
Business High Performance Money Market Savings
The interest rate and annual percentage yield on your account may change.
We may change the interest rate on your account at any time.
At our discretion, we may change the interest rate on your account.
Interest will be compounded every month. Interest will be credited to your account every month.
If you close your account before interest is credited, you will not receive the accrued interest.
You must deposit $25,000.00 to open this account.
A service charge fee of $25.00 will be imposed every monthly statement cycle if the balance in the account falls below $25,000.00 any day of the cycle.
You must maintain a minimum average daily balance of $25,000.00 to obtain the disclosed annual percentage yield. The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period.
We use the average daily balance method to calculate interest on your account. This method applies a periodic rate to the average daily balance in the account for the period. The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period.
Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks).
You are limited to six withdrawals and/or transfers from this account by preauthorized, telephone or computer transfer (including bill payments) per monthly statement cycle. An excess transfer fee of $25.00 per item applies if these limits are exceeded. See the Schedule of Fees and Charges for details. If you exceed the above limitations your account may be transferred to a transaction account.
Additional fees may apply for other bank service, such as stop payments and wire transfers. Please refer to the Schedule of Fees and Charges for additional fee information.
Tier 1 – If your average daily balance is more than $24,999.99 but less than $100,000, the interest rate paid on the entire balance in your account will be ____% with an annual yield of _____%.
Tier 2 – If your average daily balance is more than $99,999.99 but less than $250,000, the interest rate paid on the entire balance in your account will be ____% with an annual yield of ____%.
Tier 3 – If your average daily balance is more than $249,999.99 but less than $500,000, the interest rate paid on the entire balance in your account will be ____% with an annual yield of _____%.
Tier 4 – If your average daily balance is more than $499,999.99 but less than $1,000,000, the interest rate paid on the entire balance in your account will be ____% with an annual yield of _____%.
Tier 5 – If your average daily balance is $1,000,000 or more, the interest rate paid on the entire balance in your account will be ____% with an annual yield of _____%.
Business Certificate of Deposit
Your complete Account Disclosures will be mailed to you, along with a copy of your Certificate.
Your interest rate is fixed for the term. Interest will be paid until the maturity date of the certificate. The interest rate is based on the rate in effect at the time we receive the deposit. The disclosed annual percentage yield assumes interest will remain on deposit until maturity. A withdrawal will reduce earnings.
Interest will be compounded every month.
Interest will be credited to your account every month.
You must deposit $10,000.00 to open this account.
We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.
Interest begins to accrue on the business day you deposit noncash items (for example, checks).
You may make three deposits into your account before maturity if your account has a term of six months or greater. You may not make deposits into your account before maturity if your account has a term of less than six months.
You may not make withdrawals of principal from your account before maturity.
You cannot withdraw interest from your account before maturity.
Your account will mature on the maturity date of the certificate.
If you close your account before interest is credited, you will not receive the accrued interest.
(a penalty may be imposed for withdrawals before maturity)
If your account has an original maturity of 90 days or less:
The fee we may impose will equal 30 days' interest on the amount withdrawn subject to penalty.
If your account has an original maturity of 91 days through one year:
The fee we may impose will equal 90 days' interest on the amount withdrawn subject to penalty.
If your account has an original maturity of more than one year:
The fee we may impose will equal 180 days' interest on the amount withdrawn subject to penalty.
In certain circumstances such as the death or incompetence of an owner of this account, the law permits, or in some cases requires, the waiver of the early withdrawal penalty. See your plan disclosure if this account is part of an IRA or other tax qualified plan.
This account will automatically renew at maturity. You may prevent renewal if we receive written notice from you before maturity of your intention not to renew or you withdraw the funds in the account at maturity (or within the grace period mentioned below, if any). We can prevent renewal if we mail notice to you at least 30 calendar days before maturity.
Each renewal term will be the same as the original term, beginning on the maturity date. The interest rate will be the same we offer on new time deposits on the maturity date which have the same term, minimum balance (if any) and other features as the original time deposit.
You will have ten calendar days after maturity to withdraw the funds without a penalty.
We may require not less than 7 days' notice in writing before each withdrawal from an interest-bearing account other than a time deposit, or from any other savings account as defined by Regulation D. Withdrawals from a time account prior to maturity or prior to any notice period may be restricted and may be subject to penalty. See your notice of penalty for early withdrawal.
All new accounts will be processed through ChexSystems. All accounts closed for cause will be reported to ChexSystems or similar reporting.