Business Savings & CDs
Ask how to maximize your FDIC deposit insurance!
| Hi-Fi Money Market Account |
Commercial Savings Account | CDs | |
|---|---|---|---|
| Minimum Opening Deposit | $1,000 | $50 | Various Levels ($100, $1,000, $5,000) |
| Minimum Daily Balance | $1,000 |
$50 |
NA |
| 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 |
| Interest Rate* | Variable* Current Rates |
Variable* Current Rates |
Variety of interest* payment options, based on deposit amount Current Rates |
| 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 |
| Account Statements | Monthly | Quarterly | NA |
| Online Banking | Yes | Yes | Yes |
| 24 Hr. Bank by Phone | Yes | Yes | Yes |
| Dormant Accounts | $5.00 fee per month (no activity for 1 year or more) if balance is less than $200 | $5.00 fee per month (no activity for 1 year or more) if balance is less than $200 | NA |
| FDIC Insured | Yes | Yes | Yes |
* 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, 202 S Main, Perkins; the Chandler Branch location at 111 N Sandy Ln, Suite G, Chandler; or the Cushing Branch location at 1002 E Main St, Cushing.
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!
