BUSINESS CHECKING and SAVINGS

Local Bankers with Checking for Local Business

BUSINESS CHECKING – Helping Manage Your Assets

For Your Records

  • Complete statement of your account activities and balances
  • Images of all your canceled checks will be returned with your monthly statement
  • Earnings credit based on your average current balance to help offset your account"s maintenance and activity fees

 

NON-PROFIT CHECKING – No Monthly Fee for Our Non-profit Partners

  • No monthly service fee with just a $500 daily balance maintained

 

LAWYER ACCOUNT (IOLA) – A Safe Place for Your Clients’ Money

  • Deposit client escrow money into an IOLA, an interest-bearing account. The interest minus the monthly fees will be sent to the New York State IOLA Fund

 

BUSINESS SAVINGS – Making Your Assets Grow
MONEY MARKET DEPOSIT ACCOUNT

  • Maximize your cash flow while investing surplus funds—earn higher interest as your balance grows
  • Open with a deposit of $2,500 or more
  • Interest is computed daily and credited monthly
  • Transfer funds by phone or Internet at your convenience
  • Always have easy access to your funds

 

STATEMENT SAVINGS ACCOUNT

  • Interest is calculated and compounded quarterly
  • A minimum balance of $500 must be maintained to earn interest, or a $3 monthly fee is charged
  • Maintain your own records and statement is provided quarterly

 

PASSBOOK SAVINGS ACCOUNT

  • Interest is compounded quarterly
  • A minimum balance of $500 must be maintained to earn interest, or a $3 monthly fee is charged

 

OTHER SAVINGS SERVICES

  • Certificates of Deposit
  • Individual Retirement Accounts
  • Simplified Employee Pension (SEP) Plans

 

ADDITIONAL SERVICES – To Help You Work Smarter

  • Internet Banking & Bill Pay
  • Automatic Direct Deposit
  • Secure Night Depository
  • Coin and Currency Exchange at no charge when you call ahead
  • Visa Check Card
  • Merchant Credit Card Deposits
  • Domestic and Overseas Wire Transfers
  • Safe Deposit Boxes
  • 24-hour Teller-Phone Banking
  • Electronic Transfers via Automated Clearing House
  • Certificates of Deposit
  • Individual Retirement Accounts (IRAs)
  • Simplified Employee Pension Plans (SEPS)