Business Savings, Business Money Market, and Business Certificates of Deposit.

Business Accounts

Experienced bankers helping you toward financial success.
  LOCAL DECISIONS.   SERVICE.   LOCAL OWNERSHIP.

  Business Savings Accounts
 
Regular Savings
Money Market
Money Market Plus
Certificates of Deposit
REGULAR SAVINGS
-$100 minimum deposit to open
-$300 minimum daily balance to avoid service charge
-$3 monthly service charge if balance drops below $300
-Interest compounded daily on average collected balance and credited quarterly
-Allows 3 withdrawals per month
-$1 per withdrawal in excess of 3 per month
-Quarterly statements

FEDERAL RESERVE BOARD REGULATION D LIMITS TRANSFERS FROM A SAVINGS ACCOUNT TO ANOTHER ACCOUNT OR TO THIRD PARTIES BY PREAUTHORIZED, AUTOMATIC, OR TELEPHONE TRANSFERS TO 6 PER STATEMENT CYCLE WITH NO MORE THAN 3 BY CHECK, DRAFT, OR SIMILAR ORDER TO THIRD PARTIES.

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   MONEY MARKET
-$1,500 minimum deposit to open
-$1,500 minimum daily balance to avoid monthly service charge
-$10 monthly service charge if balance drops below $1,500
-Tiered Interest Rate
-Interest compounded daily on average collected balance and credited monthly
-Allows 6 withdrawals per statement cycle
-$5 per withdrawal in excess of 6 per statement cycle

FEDERAL RESERVE BOARD REGULATION D LIMITS TRANSFERS FROM A MONEY MARKET TO ANOTHER ACCOUNT OR TO THIRD PARTIES BY PREAUTHORIZED, AUTOMATIC, OR TELEPHONE TRANSFERS TO 6 PER STATEMENT CYCLE WITH NO MORE THAN 3 BY CHECK, DRAFT, OR SIMILAR ORDER TO THIRD PARTIES.

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  MONEY MARKET PLUS
-$25,000 minimum deposit to open
-$25,000 minimum daily balance to avoid monthly service charge
-$15 monthly service charge if balance drops below $25,000
-Tiered Interest Rate
-Interest compounded daily on average collected balance and credited monthly
-Allows 6 withdrawals per statement cycle
-$5 per withdrawal in excess of 6 per statement cycle

FEDERAL RESERVE BOARD REGULATION D LIMITS TRANSFERS FROM A MONEY MARKET PLUS TO ANOTHER ACCOUNT OR TO THIRD PARTIES BY PREAUTHORIZED, AUTOMATIC, OR TELEPHONE TRANSFERS TO 6 PER STATEMENT CYCLE WITH NO MORE THAN 3 BY CHECK, DRAFT, OR SIMILAR ORDER TO THIRD PARTIES.

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  CERTIFICATES OF DEPOSIT
We offer a variety of certificates of deposit at market rates to meet your financial
needs.  Simply choose the maturity and we’ll pay you a competitive market interest
rate based on the maturity and the amount you invest. 
 

Contact one of our customer service representatives for
information on how you can maximize the return on your investment.


New West Bank
970-378-1800

 

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