Savings
Safely put away money for the future while earning interest and having access to your cash.
Ways to Save
An Even Closer Look:
Side-by-Side Comparison
| Business Savings | Money Market | Certificates of Deposit (CD) | Insured Cash sweep (ICS) | |
|---|---|---|---|---|
| Minimum Opening Deposit | $500 | $1,000 | $500 | N/A |
|
Interest
(Compounded daily, paid and reported per statement cycle)
|
 |
Tiered based on account balance
|
Based on account balance and term
|
Accrued and compounded daily using a daily rate based on balance
|
| Monthly Maintenance Fee | $0 or $41 | $0 or 61 | _ | - |
| Balance Requirement to Avoid Monthly Fee | $500 | $1,000 | _ | - |
| Number of Withdrawals Per Statement Cycle at No Charge | 2 |
6
|
_ | 6 for savings and money markets |
| Fee Per Excess Withdrawal | $3 | $5 | Penalties may apply | - |
| Electronic or Paper Statement at No Charge | |
|
Paper maturity and renewal notices | |
1Monthly maintenance fee waived when minimum account balance requirement is met.
Compare Accounts
