Business Savings & Money Market Accounts

Business Savings and Money Market Comparison

Minimum Opening Deposit
Minimum Balance Requirement
Monthly Service Charge
Interest Bearing
Transaction Limits
Account Comes With
Statement

Business Savings Account

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Minimum Opening Deposit

$100

Minimum Balance Requirement

$100 minimum balance

Monthly Service Charge

$5.00 service charge if balance falls below
the minimum in the statement cycle

Interest Bearing

Yes
Compounded Quarterly

Transaction Limits

Six (6) debit transactions per month
A $2.00 fee for each excessive transaction

Account Comes With
  • Free Online Banking
Statement
  • Quarterly Statement

Business Money Market

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Minimum Opening Deposit

$2,500

Minimum Balance Requirement

$2,500 average daily balance

Monthly Service Charge

$25.00 service charge if balance falls below
the minimum in the statement cycle

Interest Bearing

Yes
Compounded Monthly

Transaction Limits

Six (6) debit transactions per statement cycle
A $10.00 fee for each excessive transaction

Account Comes With
  • Competitive interest rates
  • Free Online Banking
  • Accounts closed before the statement cycle forfeits accrued interest
Statement
  • Monthly Statement
All information is subject to change without notice. Any fees charged will reduce earnings. For complete details regarding our products, services and fees, including overdraft/insufficient funds fees, please call 708.430.5000, 708.827.5272, 708.580.4801, 708.584.4801, 708.942.5700, 708.840.2580 or stop by one of our offices and speak with one of our Personal Bankers.