B Savings Comp

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Business Savings Comparison

  Preferred Savings Money Market Preferred Money Market Certificate of Deposit CDARS® (Certificate of Deposit Account Registry)
Who Would Benefit From This Account Great for earning interest on higher balances accounts that may occasionally have a lower balance The right account if balances are between $2,500 and $10,000 Perfect for a $10,000 minimum balance account while earning more as the balance grows A great way to have options for rates and terms on your money The right CD for you if you want a single statement yet have large deposits needing FDIC coverage through multiple banks
Interest Bearing Tiered Yes Tiered Yes Yes
Minimum Opening Balance And Balance Required To Earn Interest $100 $2,500 $10,000 Varies based on product selected Varies based on product selected
Service Charge $2 per statement cycle if balance falls below $100 None if you maintain a minimum daily balance of $1,500 or a minimum average balance of $2,500; otherwise $8.50 per statement cycle None if you maintain a $10,000 minimum daily balance in combination of identified Preferred Money Market, NOW, Savings, Money Market Deposit Account, Certificate of Deposit or Home Equity Line of Credit accounts; otherwise $10 fee per statement cycle Penalties assessed for early withdrawal Penalties assessed for early withdrawal
Per Item Charge $2 per item for withdrawals in excess of four per cycle None None None None
Additional Information   Withdrawal limitations apply Withdrawal limitations apply A variety of terms are available A variety of terms are available
Personal Savings Comparison