Business Savings & CDs
Ask how to maximize your FDIC deposit insurance!
|Commercial Savings Account||CDs|
|Minimum Opening Deposit||$1,000||$50||Various Levels
($100, $1,000, $5,000)
|Minimum Daily Balance||$1,000
|Minimum Balance Fee||$10.00 service charge if min. daily balance falls below $1,000||$1.00 fee per month if balance falls below $50||NA|
|Variety of interest* payment options, based on deposit amount
|Interest Paid||Tiered based on ending daily balance||Quarterly||Quarterly|
|In-Person and ATM Withdrawals per Month||Unlimited||Unlimited||NA|
|Electronic Transfers and Payments to 3rd Party||Limited to 6 per month||Limited to 6 per month||NA|
|Limited Transaction Fees||$3.00 for each limited transaction over 6||$1.00 for each limited transaction over 6||NA|
|24 Hr. Bank by Phone||Yes||Yes||Yes|
|Dormant Accounts||$5.00 fee per month (no activity for 1 years or more) if balance is less than $200||$5.00 fee per month (no activity for 1 years or more) if balance is less than $200||NA|
* Rates are subject to change. Other Services and Fees may apply.
How To Open a New Account
If you are interested in opening a new account with us please stop by and see any of our friendly customer service representatives at the Main Bank location at 202 S. Main, Perkins or the Chandler Branch location at 111 N Sandy Ln, Suite G, Chandler.
Initial Minimum Deposit Required: $100.00 minimum
Required Forms of ID:
- a government issued photo ID
- one additional form of ID, preferably your Social Security card
- IRS correspondence showing your TIN and your organizing or coroprate documents
We look forward to meeting you!