Checking | Savings | Loans
 

Commercial Savings Accounts

Business Savings – A customary form of savings for any size business.

• Interest compounded daily
• Interest paid quarterly

Minimum deposit to open $100.00.
Early close-out fee of $15.00 if account closed within 6 months of opening.

 

Money Market Business – An interest-bearing limited transaction account available for any size business.

Minimum Balance	Monthly Service Charge
$1,500.00 and over	N/C
$$1,499.99 and under	No interest paid

Interest compounded daily and paid quarterly.
Minimum balance to open $1,500.00.

 

Star Business Money Market Account – The Star Business Money Market Account earns a higher interest rate based on a tiered deposit structure for daily balances of $50,000, $100,000 and $500,000 or more.  If the balance in the Star Money Market Business Account drops below $5,000 at any time a $25.00 fee will be assessed.

The Star Money Market Business Account has limited transaction privileges. Only six (6) automatic transfers are allowed within a statement cycle, of which, only three (3) may be pre-authorized, i.e. third party checks, automatic transfers, etc. A $2.00 service charge will also be assessed for all transactions over six (6) and checks over three (3) during any statement cycle.

Sweep Accounting is available for overdraft protection.

Minimum deposit to open the Star Money Market Business Account is $5,000.00.

Other Features:

• Variable interest rate compounds daily and is paid monthly

 

Certificates of Deposit – Additional charges may apply.

• Various terms are available from 7 days to 5 years
• Interest rates set weekly
• Automatic renewal convenience
• Minimum deposit to open $1,000.00