|
Regular Business |
Business CDs |
| Amount to open |
$100 or more |
$500 or more |
| Interest |
Yes |
Yes |
| Monthly account fee1 |
No monthly fee with $100 balance2 |
No3 |
| Withdrawals |
Unlimited |
Subject to early withdrawal penalty |
1Checking and savings accounts, excluding Student Savings and Christmas Clubs, are considered dormant after 365 days of inactivity, regardless of balance. Dormant checking accounts will be assessed a $5 monthly fee, and dormant savings accounts will be assessed a $5 quarterly fee. 2Minimum balance of $1 must be maintained in the account each day to obtain the disclosed annual percentage yield. For clients with combined statements (savings account statement is combined with checking account), a $1 fee is assessed if the balance falls below $100 during the month. Fees may reduce earnings. 3The early withdrawal penalty is 90 days interest on certificates of one year or less and 180 days interest penalty on certificates with a maturity over one year. Fees may reduce earnings.