Business Savings Accounts

First Choice Savings

  • Minimum opening deposit of $200
  • Earns market rate of interest. Interest is calculated by the daily balance method which applies a daily periodic rate to balance in the account each day.2,4
  • If current balance drops below $200 any day during the statement period, a $2 monthly service charge will be assessed
  • Service charge waived for customers under 18 years of age

Choice Market Investment

  • Minimum opening deposit of $1,000
  • Tiered rate account2
  • Earns market rate of interest when a $1,000 daily collected balance is maintained1,2,4
  • If current balance drops below $1,000 any day during the statement period a $10 montly service charge will be assessed
  • There is a withdrawal fee of $2 for each withdrawal in excess of six per month.3

1Certain restriction may apply. 2Rates subject to change at any time. 3Federal regulation allows no more than six pre-authorized transfers per month on any savings account. 4Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (for example: checks).