Business Savings & Money Market Accounts

Business Savings and Money Market Comparison

Minimum Opening Deposit
Minimum Balance Requirement
Interest Bearing (Call for current rates)
Transaction Limits
Benefits
Statement

Business Savings Account

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Minimum Opening Deposit

$100

Minimum Balance Requirement

$100 minimum balance.

$5.00 fee if balance falls below the minimum in the statement cycle.

Interest Bearing (Call for current rates)

Yes

Compounded Quarterly

Transaction Limits

Six (6) debit transactions per statement cycle. 

A $1.00 fee for each excessive transaction

Benefits

Free Online Banking

Statement

Monthly Statement

Business Money Market

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Minimum Opening Deposit

$1000

Minimum Balance Requirement

$1,000 Minimum balance or $2,500 average daily balance.

$10.00 fee if balance falls below the minimum in the statement cycle

Interest Bearing (Call for current rates)

Yes

Compounded Quarterly

Transaction Limits

Six (6) debit transactions per statement cycle. 

A $25.00 fee for each excessive transaction

Benefits

Competitive interest rates

Free Online Banking


Statement

Monthly Statement

Business Special Money Market

Minimum Opening Deposit

$50,000

Minimum Balance Requirement

$1,000 Minimum balance or $2,500 average daily balance.

$10.00 fee if balance falls below the minimum in the statement cycle

Interest Bearing (Call for current rates)

Yes, on balance of $50,000 or more.

NO interest earned if balance falls below $50,000 Compounded Monthly

Transaction Limits

Six (6) debit transactions per statement cycle. 
A $25.00 fee for each excessive transaction

Benefits

Higher competitive interest rates.

FREE First Box of Checks

FREE Online Banking

Statement

Monthly Statement

All information is subject to change without notice. Any fees charged will reduce earnings. For complete details regarding our products, services and fees, including overdraft/insufficient funds fees, please call 708.430.5000, 708.827.5272, 708.580.4801, 708.584.4801, 708.942.5700, 708.840.2580 or stop by one of our offices and speak with one of our Personal Bankers.