Business Cash Manager Account

 

Minimum Initial Deposit to Open - $100

Average Balance of $10,000 or greater to avoid $15 monthly fee.

Money Market Interest Rate when you maintain a minimum average daily balance of $10,000

Interest Rates:

Range	Rate	APY
$10,000 – 24,999.99	1.735%	1.75%
$25,000 – 49,999.99	1.980%	2.00%
$50,000 – 99,999.99	2.470%	2.50%
$100,000 and over	2.960%	3.00%

 

Limit of 6 electronic withdrawals, 3 or which may be checks written to another party. Electronic withdrawals include all telephone, online and Anytime Phone transactions. No limit on Lobby or Drive-up transactions including checks payable to the account owner or to cash. $10 per check fee when more than 3 checks are presented for payment in any given month.

Unlimited Deposits