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Business Savings Accounts

Statement Savings Accounts

This account provides you with a monthly statement to track all your deposits, withdrawals, interest earned and the balance in your account. Interest is earned from the day of deposit to the day of withdrawal and paid monthly. You may also use your ATM/Debit Card to access your account from ATMs nationwide bearing the NYCE, Plus or Cirrus signs. This account may be linked to any of your business checking accounts bearing the same TIN (Tax Identification Number) for overdraft protection purposes.

Clipper Ship Accounts

The more you save, the more you earn. With a Clipper Ship Account, your interest increases with your balance. You can deposit to or withdraw from your account at anytime. This account can be either a passbook or statement account. There is no monthly fee when the account balance is $1,000 or more throughout the statement cycle.  Just like the statement savings account, this Clipper Ship account may be linked to any of your business checking accounts bearing the same TIN (Tax Identification Number) for overdraft protection purposes and is accessible via your Business ATM/Debit card.

Tier    Daily Balance
1        $0-$9,999
2        $10,000-$24,999
3        $25,000-$49,999
4        $50,000+

Money Market Accounts

For business customers who want limited check-writing privileges coupled with the ability to earn interest, the money market account is a positive addition to the business's need for an operating checking account. 

 
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