Business Accounts

Business Onyx
(Checking and Savings Combo)

Checking

Minimum to open - $500
Monthly maintenance fee - $20
Minimum daily balance to avoid fee - $5,000

Customers will receive the following services free:

•  Unlimited check writing
•  Free Visa business debit card
•  Free Cashier’s Checks
•  Free Traveler’s Cheques
•  Free gift cards
•  Free change orders

Savings:
(This account is a high yield savings account)

Minimum to open - $50
Monthly maintenance fee - $5
Minimum balance to avoid fee - $2,000
Minimum balance to earn interest - $2,000

Interest Rate

• Variable interest rate; based on the daily collected balance
• Interest credited and compounded monthly based on daily collected balance
• The interest rate may change at any time
• The daily collected balance must exceed $2,000 to accrue interest for that day

Tiered Interest Rates

• 2,000 – 24,999
• 25,000 – 49,999
• 50,000 – 99,999
• 100,000 – 499,999
• 500,000 – 749,999
• 750,000 – 999,999
• 1,000,000 +

Unlimited over the counter withdrawals
Six monthly withdrawals allowed, excessive withdrawal fee - $5 for each additional withdrawal