Business Savings Account
For short-term investments or emergency cash reserves, a savings account fills the bill. You can withdraw money at any time with no penalty. Interest is compounded and credited to your account quarterly.
- Minimum balance to open......$500
- Quarterly maintenance fee......$7.50
- Daily balance to avoid quarterly maintenance fee.....$500
- Monthly withdrawal limitations:
- Six preauthorized withdrawals, automatic, telephone or computer transfers
- Unlimited ATM and in-person withdrawals
Earn a premium rate. Write up to 3 checks per month. And if your balance is over $10,000, you earn our highest savings rate. Interest is compounded and credited to your account every month.
- Minimum balance to open.....$1,000
- Monthly maintenance fee.......$7.50
- Daily balance to avoid monthly maintenance fee......$1,000
- Monthly withdrawal limitations:
- Six preauthorized withdrawals, automatic, telephone or computer transfers
- Three of the transfers or withdrawals may be payments by check
- Unlimited ATM and in-person withdrawals
For more information about our business savings products e-mail info@denmarkstate.com or contact us at the location nearest you.
