Opening a basic savings account is the easiest way to save money and earn interest. While withdrawals are limited, our Business FlexSaver Savings account is still one of the safest ways to put aside money for your business’s future.
|Minimum opening balance||$50|
|Monthly service charge||$3|
(Your service charge is waived if (1) your minimum daily balance is $250 or greater or 2) you have an ACH deposit present during the month.)
A $40 fee will be charged when account is closed within 180 days after opening. The monthly fee is waived each month if: 1) your minimum daily balance is $250 or more, or 2) you have an ACH deposit into this savings account during the month. Variable Rate – Your interest rate and annual percentage yield may change. The interest rate and annual percentage yield for your account depend upon the applicable rate tier. The interest rate and annual percentage yield for these tiers may change. Determination of rates and frequency of rate changes - At our discretion, we may change the interest rate on your account at any time and without notice. Transaction limitations - During any monthly statement cycle, you may not make more than 6 withdrawals or transfers to another account of yours or to a third party by means of preauthorized or automatic transfer or telephone order or instruction, computer transfer, or by check, draft, debit card or similar order to a third party. A transaction fee of $15 will be charged for each debit transaction (withdrawals, check paid, automatic transfer, or payment out of this account) in excess of 6 during a monthly statement cycle. Fees could reduce earnings.