Community Business Index Money Market
Flexibility is important in all aspects of business; your money is no exception. Community Business Index Money Market provides flexibility in the form of both returns and liquidity. Take advantage of higher interest than regular savings that increases by reaching higher balance levels.
At the same time retain access to funds, including direct check writing capabilities. Get the best of what both checking and savings have to offer — all in one dynamic account.
- Keep your higher balance working hard toward specific business goals
- Interest paid on entire balance
- Tiered-rate system; receive higher rates by reaching higher balance tiers
- Interest computed daily based on collected balance
- Avoid the $8 monthly service fee by maintaining a $2,000 minimum daily balance
- Maintain access to funds, including direct check writing capabilities:
- Unlimited free transactions conducted in person at the teller lines
- A total of 6 checks, ACH Debits or electronic transfers per a statement cycle with no service fees; $15 per transaction thereafter*
- Free online banking
- Free eStatements issued monthly
- No minimum deposit to open
*Repeated offenses to the 6 transfer limit will result in dishonoring of items and account closure.