Business Savings
Minimum to Open
$100
Fees
$3 per quarter if balance falls below $25
$1.00 per debit after 3 debits per quarter
Interest Paid
Current EBSC rate accrues daily with quarterly compounding and
crediting.
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Certificate of Deposit
Minimum to open
$500
Interest Paid
Current EBSC market rate varies with maturity schedule.
Fees
Early withdrawal penalties apply
If withdrawn prior to maturity.
Early Withdrawal Penalty
7 to 31 days - 7 days interest
32 to 365 days - one month’s interest
More than 12 months- three months interest
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