CHOOSE THE SAVINGS ACCOUNT THAT IS RIGHT FOR YOU

Business Performance Plus Investment Account (PPIA)
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Business Statement Savings

Business Performance Plus Investment Acount (PPIA)
Performance at its Best

w  E-Statement/Paper Statement Account.
w  FREE Online Banking.
w  Checkmate debit card available with qualified checking account.

Minimum balance to open - You must deposit $20,000.00 to open this account.
Rate Information - At our discretion, your interest rate and annual percentage yield may change at any time.
Compounding and crediting frequency - Interest will be compounded and credited to your account every month.
Minimum balance to avoid fees - A maintenance fee of $20.00 will be imposed every statement cycle if the balance in the account falls below $20,000.00 any day of the cycle.
Daily balance computation method - We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.
Accrual of interest on noncash deposits - Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks).
Transaction limitations - Unlimited withdrawals or transfers if made in person or at an ATM. Maximum of 6 electronic/automatic/telephone transfers per statement cycle with no more than 6 by check or debit or online bill payment to third parties.
Fees - $5.00 per debit when criteria is not met.

Business Statement Savings

w  E-Statement/Paper Statement Account.

Minimum Deposit to open - You must deposit $100.00 to open this account.
Minimum balance to avoid fees - A maintenance fee of $3.00 will be imposed every statement cycle if the balance in the account falls below $200.00 any day of the cycle.
Rate Information – At our discretion, your interest rate and annual percentage yield may change at any time.
Transaction limitations - Unlimited withdrawals or transfers if made in person or at an ATM. Maximum of 6 electronic/automatic/telephone transfers per statement cycle with no more than 6 by check or debit or online bill payment to third parties.
Fees – $0.75 per debit when criteria is not met.