Commercial Savings Products
 

Commercial sweep
The Commercial Sweep is a useful tool for managing your cash. It is a product that allows you to earn interest on excess balances. This is used in conjunction with a commercial checking account; funds are "swept" to the checking account to cover daily account activity, with any excess funds being transferred to the sweep to gain interest income. (Not a deposit, not FDIC insured, not insured by any federal governmental agency, not guaranteed by the bank, may go down in value.)


Commercial savings
The interest-bearing Commercial Savings Account is open to all types of business entities. A small minimum balance is required to open the account with a nominal quarterly fee assessed only if the account falls below the minimum requirement. ^{*3 *4}

Money market deposit account
Make your money work overtime at competitive tiered interest rates and still have easy access to your funds. ^*3

*3. Transaction privileges: Unlimited transactions when made in person or by mail. Six (6) pre-authorized transfers per statement cycle. Money Market allows three (3) of the six (6) pre-authorized transactions to be by check.
*4. Maintain an average daily balance of $100 to avoid the $5.00 quarterly maintenance fee.