Business Checking

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Business Savings Chart of Accounts

Accounts Opening Balance Minimum Balance to Avoid Fee Monthly Service Fee Interest Bearing
Regular $ 100.00 $ 1,000.00 $ 0.50 per withdrawal in excess of 12/year Yes
First Premium $100.00 $1,500.00 $ 7.50 Yes

Regular Business Savings

  • $100 minimum deposit to open account
  • Minimum balance of $1,000 or a $0.50 per withdrawal in excess of 12/year will apply
  • Competitive variable rate of interest
  • Interest is paid semi-annually on June 30 and December 31
  • Statement is mailed annually at the end of the year

First Premium Checking

  • $100 minimum deposit to open account
  • Minimum balance of $1,500 or a $7.50 service fee applies
  • Interest bearing according to balance on deposit
  • Under federal regulations, unlimited withdrawals if made in person, otherwise allowed up to 6 withdrawals per monthly statement cycle, including 3 by telephone or electronic transfer to third parties