Business NOW Account
Business NOW Accounts are perfect for those who want to earn interest and avoid a monthly service charge by maintaining a higher balance. Features include:
- Interest bearing.
- $500 minimum to open.
- No service charge fee if $500 balance is maintained every day of the statement cycle.
- Interest is compounded daily and paid monthly.
- Check images returned with statements.
Additional restrictions may apply.
*Fees may reduce earnings on these accounts
NOW Accounts are available only to individuals including DBA and sole proprietors, governmental units, and corporations, partnerships, associations, and organizations that are operated primarily for religious, philanthropic, charitable, educational, faternal or other similar purposes and not for profit.
Business Money Market Account
Any individual or business qualifies for a Money Market Account, which allows you flexibility and competitive interest rates. Many people use this account for their operating funds, then transfer into a regular business checking account to pay bills. Features include:
- Interest bearing account.
- Interest is compounded daily and paid monthly.
- Minimum to open account is $2,500. There is no service charge if $2,500 balance is maintained every day of the statement cycle.
- Money Market rates are paid on an escalating scale. The more you deposit, the more you earn.
- Check images are returned with statements.
Additional restrictions may apply. Fees may reduce earnings on these accounts.