BUSINESS SAVINGS PRODUCTS
How to do some serious saving when convenience counts.
- Minimum opening deposit: $100.00
- Minimum balance required to avoid service charges: $100.00
- If at any time balance falls below $100.00 (per month) $1.00 service charge
- Interest will not be paid if daily balance falls below $100.00
- Interest computation method daily balance
- Interest will be compounded and credited monthly
- Transaction Limitations: 2 withdrawals per month with a charge of $3.00 for each additional withdrawal (includes electronic payments & automatic transfers). $3.00 charge if account is closed within 3 months of opening.
- See Truth in Savings brochure for further details.
Money Market Account (MMIA)
- Minimum opening deposit: $2,500.00
- Minimum balance to avoid service charge: $2,500.00
- Minimum daily balance to obtain APY as listed: $1,500.00
- Monthly Maintenance fee if balance is below $2,500.00: $6.00
- Insufficient funds charge: $25.00 per item
- Stop payment charge: $25.00 per item
- Free On-line banking, Bill Pay, and Fone 1st
- Free E-Statements
- Competitive rates
Tower Money Market Account
- Minimum opening deposit: $2,500
- Monthly Maintenance fee if balance is below $15,000.00: $15.00
- As high as 1.005% APY
- New money only
- Low opening balance
- Competitive tiered rates
- Very liquid account
- Unlimited in-person withdrawls and transfers
Learn more about our Tower Money Market Account!
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