Business 1st Savings
This is a savings account for businesses or self-employed individuals. It pays a variable money market rate of interest and requires a minimum balance of $25,000.

Features:
This is an FDIC insured deposit. No passbook is required for transactions. Checks may not be written against this account. The depositor receives a monthly statement of transactions similar to a checking account. Interest on this account is compounded daily and credited monthly. The interest rate paid on this account is variable and is found on the current rate sheet. The minimum balance that is required to open this account is $25,000. There is no minimum balance required on this account, but if the daily account balance falls below $25,000, the interest rate paid, will revert to the passbook savings rate in effect at the time. All deposits are subject to collection before withdrawal. Interest earned on this account is subject to income tax and the bank issues a yearly IRS form 1099. The depositor must supply the bank with a taxpayer identification number Free Telephone Banking is available for this account

Rates:
The interest rate paid on this account is variable and can be found on the current rate sheet. Interest is compounded daily and credited monthly.