Savings
For business that wants traditional savings account that earns interest
$100 minimum opening deposit
Monthly Service fee
$9 or $0(1)
$9 or $0(1)
No Additional fee
Installment Account
For business that wants to make fixed monthly contributions for future use
Minimum opening deposit of first monthly installment amount is required
Monthly Service fee
$0
$0
Additional fee
Early withdrawal penalty may be imposed for withdrawals before term/maturity
Early withdrawal penalty may be imposed for withdrawals before term/maturity
Money Market
For business that wants convenient savings account with limited checking account features
$500 minimum opening deposit
Monthly Service fee
$15 or $0(2)
$15 or $0(2)
No Additional fee