Business Savings Comparison
Chart
Features & Benefits |
Business Savings |
Commercial Money Market |
Minimum To Open |
$100 |
$100 |
Minimum Balance Requirements (to avoid monthly
service fee) |
$200 |
$2,500 |
Fee Below Minimum Balance1 |
$7 |
$10 |
Interest |
Yes |
Tier Levels |
Statement Frequency |
Monthly |
Monthly |
Transaction Limitations |
3 withdrawals per month. |
6 withdrawals per month. |
Fee For Withdrawals over Number Allowed 1 |
$5 |
$20 |
Additional Benefits |
|
|
24-Hour Telephone ACCESSLine |
Yes |
Yes |
Free Direct Deposit |
Yes |
Yes |
Access to Universal Services |
Yes |
Yes |
1 For a Business Savings Account the debit activity fee is waived for balances of $2500 or higher.
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