Business Savings Account

We’re Still Community….

Your hometown community bank since 1952.

 For more information, please call us at 753-1521.

  • There is a minimum deposit of $100.00 required to open this account.
  • This account is an interest bearing account. The interest rate and annual percentage yield may change. At our discretion, we may change the interest rate on the account. We may change the interest rate on the account daily. Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (for example: checks). Interest will be compounded monthly. Interest will be credited to the account monthly. If you close the account before interest is credited, you will not receive the accrued interest.
  • We use the daily balance method to calculate the interest on the account ("Balance"). This method applies a daily periodic rate to the principal in the account each day.
  • Withdrawals and pre-authorized transfers are limited to six (6) for each four (4) week or similar period. Anything in excess of this will be charged $3.00 each.
  • If you maintain a daily balance of at least $100.00 every day of the month, there will be no maintenance fee. If you do not, a monthly account maintenance fee of $5.00 will be assessed.
  • A $5.00 monthly inactivity fee will be charged for inactive accounts with balances of $50.00 or less. This fee can be avoided by keeping your account active. An account becomes inactive after one year of no activity on the account. Activity is defined as any transaction, such as a withdrawal, deposit, bill payment or ACH payment. An account inquiry, such as checking your balance in Option Online (internet banking) or at an ATM, is not a transaction and does not count as activity. If the account balance is less than $5.00, the account will be debited for the remaining balance and the account will be closed.