Business Savings Comparison Chart
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Business Account Comparison Chart

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Business Savings Comparison Chart

 
Savings Plan Minimum Deposit Details and Rewards Fees Interest Paid
Commercial Savings $100.00
  • 24-Hour TeleBanker
  • Unlimited deposits;
  • NetTeller Internet Banking
Monthly:
Monthly maintenance fee of $5.00 if minimum daily balance falls below $200.00.

Transaction:
Excessive withdrawal fee of $4.00 for each withdrawal exceeding the limit of two withdrawals per month.
Interest is compounded daily and paid quarterly on daily collected balance; Variable rate, subject to change without notice.
Bankcard Merchant Account $100.00
  • 24-Hour TeleBanker
  • Next day funding deposits
  • NetTeller Internet Banking
Monthly:
$10.00 monthly maintenance fee if minimum monthly transaction volume falls below $1,500.00.

Transaction:
Six withdrawals per month, three of which may be by third party item. Additional transactions (including ACH items and transfers) are charged $10.00 each.
Transaction and per item rates are tiered. Fees are processed  compounded daily and paid monthly on daily collected balance; Variable rate, subject to change without notice.
Commercial High-Yield Investment Money Market Account $2,500.00 Minimum Deposit to Open
  • 24-Hour TeleBanker
  • Free single signature traveler's checks, money order and cashier's checks
  • Free automatic transfers to other State Bank accounts
  • Free 200 personalized, wallet-style bank stock checks
  • NetTeller Internet Banking
Monthly:
$25.00 monthly maintenance fee if minimum daily balance falls below $10,000.

Transaction:
Six withdrawals per month, three of which may be by third party item. Additional transactions (including ACH items and transfers) are charged
Interest rates are tiered. Interest is compounded daily and paid monthly on collected balance of $10,000 or more; Variable rate subject to change without notice.
Certificates of Deposit $2,500.00 Minimum Deposit to Open
  • Guaranteed Rate
  • Variety of Flexible Maturity Ranges
  • 24-Hour TeleBanker
  • NetTeller Internet Banking
  • FDIC Insured
Monthly:
None

Transaction:
None
Guaranteed rates compounded daily and automatically paid quarterly back to the CD; Option to transfer interest monthly, quarterly or at maturity to another State Bank account or to receive a check for the interest monthly, quarterly or at maturity.
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