Prepare for Your Business’s Future Today
Your business will always have the need to make purchases. While loans are available for larger costs, being able to save cash to pay for smaller odds and ends is a smart move. We can provide the right savings solution for your business, whether you can only save a little or want to save a lot.
Ready to open your business savings account? Simply stop by any City State Bank office to get started today!
Compare our Business Savings Accounts
|
Business Savings |
Business Money Market |
Business Advantage Money Market |
|
|---|---|---|---|
|
Average Daily Balance Required for No Minimum Balance Fee |
Minimum Daily Balance is $100. If balance falls below $100, then a $10 maintenance fee is applied per statement cycle. |
Minimum Daily Balance is $2,500. If balance falls below $2,500, then a $10 maintenance fee is applied per statement cycle. |
Minimum Daily Balance is $10,000. If balance falls below $10,000, then a $10 maintenance fee is applied per statement cycle. |
| Account Description | A low-cost simplified savings account. | Tiered rates that allow you to earn interest while maintaining access to your funds. | Tiered rates with a higher interest rate while maintaining a higher balance. |
|
Amount Required to Open Account |
$100 |
$2,500 |
$10,000 |
|
Interest Paid |
Yes |
Yes |
Yes |
|
Other Things to Know |
A debit item fee of $1.00 per limited debit* over 6 per month |
A debit item fee of $5.00 per limited debit* over 6 per month |
A debit item fee of $10.00 per limited debit* over 6 per month |
* Limited debit = a pre-authorized or automatic transfer, computer or telephone transfer, or withdrawal, check, draft, debit card, or similar order.
Note: A funds usage charge of the Bank's prime rate plus 4.0% will be charged on all negative collected balances.