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 Commercial Savings Accounts

Which Savings Account is right for your business?

  Savings account  

Local Choice Business Savings

$100 Opening Deposit
  • Free Online Banking
  • Variable interest rate is compounded daily, paid quarterly.
    		•  $5 Maintenance Fee*
    How to avoid maintenance fees*
  • Maintain $300 minimum daily balance
    • Or
  • Link this account to a Local Choice Business Checking Plus account,
    • or Local Choice Premier Business Checking account.

    Certificate of Deposit **

    		 Opening Deposit dependent on Term  

    SEP Accounts

    		 Opening Deposit varies with Product
  • Savings: Tax implications may apply.
    Or
  • CD: Early withdrawal penalties and tax implications may apply.
    		•

    *Maintenance Fees are assessed each statement cycle.
    ** Substantial penalty for early withdrawals.