We are here to answer your questions and help you set up a savings program for your business. Simply give us a call or stop in at any of our Englewood Bank & Trust offices.
|Tiered Business Money Market Account||Business Savings Account|
|Minimum Opening Balance||$1||$1|
|Under $2500||$200 or more||Under $200|
|Monthly Service Charge||None||$12||None||$2|
|Limitations||Regulation permits 6 preauthorized withdrawals, automatic or telephonic transfers, checks, drafts, and debit card or other similar transaction from your account per month.||Regulation permits 6 preauthorized withdrawals, automatic or telephonic transfers, checks, drafts, and debit card or other similar transaction from your account per month.|
|Excessive Withdrawal Fee||$7.50 for each item over the regulatory limit||$1 is charged for each additional withdrawal over the regulatory allowance as specified under Limitations|
|Qualfications to open1||Must be 18 years of age, some restrictions apply. Need required documentation.|
1Additional documentation is necessary as required by federal law. Learn more.