| Business Savings | Business Money Market | Business Freedom Money Market | ||||
| Minimum To Open |
$25 | $2,500 | $35,000 | |||
| Minimum Balance | $100 daily balance | $2,500 daily balance | $35,000 daily balance to obtain the disclosed annual percentage yield. |
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| Monthly And Per-Item Fees | 1) If balance falls below the minimum: * $1.00 monthly fee 2) Regardless of balance: * .50¢ for each debit in excess of 4 per month |
If balance falls below the minimum: * $8.00 monthly fee |
None | |||
| Interest | * Variable interest rate * Monthly compounding |
* Variable interest rate * Monthly compounding |
* Variable interest rate * Monthly compounding |
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| Check Order | (Check writing not allowed) | Checks available for the limited check writing option |
Checks available for the limited check writing option | |||
| Cancelled Checks | (Check writing not allowed) | Choice of safekeeping or image |
Choice of safekeeping or image | |||
| ATM / Debit Cards | ATM card available ($12 annual fee) | * Free SHAZAM® Chek card * $12 annually for ATM card |
* Free SHAZAM® Chek card * $12 annually for ATM card |
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| Additional Information | Limited checkwriting option is available | Limited checkwriting option is available |
preauthorized, automatic or telephone transfer are limited to six per monthly statement cycle. In the case of the Money
Market Account’s check writing option, no more than three of the six transfers can be in the form of a check, draft or similar
order to third parties.
The FDIC – short for the Federal Deposit Insurance Corporation - is an independent agency of the United States government.The FDIC protects depositors against the loss of their insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.
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