Business Savings Accounts
Saving for your Business' Future

Our Business Savings and Money Market accounts require low minimum balances for any non-personal organization or business. Once your business' excess operating funds exceed $10,000, the Central Money Market Account may be the perfect savings option while providing easy access to your balances.  Withdrawals, pre-authorized transfers and automatic transfer from the account are limited by regulation to six per statement cycle of which no more than three may be by third-party check.

Business Savings

• Pays a variable rate of interest, compounded daily and paid quarterly on collected balances.
• Monthly maintenance fee of $3 if the daily balance falls below $200.
• $1 for each withdrawal/transfer in excess of 6 per month.
• Minimum opening balance is only $10.
• Item or check safekeeping is required. 

Central Business Money Market Account

• A tiered money market account featuring excellent rates and a low minimum balance to open.
• Opening Balance to earn stated APY is $2,500.
• Monthly maintenance fee is $10 if the daily balance falls below $2,500 any day of the monthly statement period. Annual Percentage Yields and balance tiers:

• 0 to 10,000 - .60% APY
• $10,000 - $49,999 - 2.75% APY
• $50,000 - $99,999 - 3.00% APY
• $100,000 or greater - 3.70% APY

• These rates are subject to change at any time without prior notice.
• The account will allow up to six transfers/withdrawals per statement period, no more than three of which may be by check or draft to third parties.
• Fees may reduce earnings.