Make saving a part of doing business.
Business Savings
- $500.00 minimum opening deposit.
- $5.00 monthly service charge. Avoid service charge by maintaining a minimum monthly balance of $500.00.
- Variable interest rate; compounded and paid monthly.
- 6 withdrawals per month. $5.00 service fee for each withdrawal over six.*
*Limited withdrawals include staff-assisted transactions by telephone, mail or in person. Does not apply to ATM withdrawals.
Premier Business Savings
Premier Business Savings is an easy way to put money aside at a higher yield but still have the liquidity that other accounts don’t provide.
- $10,000.00 minimum opening deposit.
- Variable interest rate; compounded and paid monthly
- 6 withdrawals per month. $10.00 service fee for each withdrawal over six.*
*Limited withdrawals include staff-assisted transactions by telephone, mail or in person. Does not apply to ATM withdrawals.
Business Money Market Savings
- $5,000.00 minimum opening deposit.
- $6.00 monthly service charge. Avoid service charge by maintaining a minimum daily balance of $1,000.00.
- Variable, tiered rate of interest; compounded daily, paid monthly
- 6 withdrawals per month. $6.00 service fee for each withdrawal over six.*
*Limited withdrawals include staff-assisted transactions by telephone, mail or in person. Does not apply to ATM withdrawals.
CD Option
Certificate of Deposit (CD) Option is the easiest way to get full FDIC insurance on deposit amounts larger than $250,000.00.
Before CD Option
- Open accounts in multiple names, deal directly with multiple banks.
- Negotiate several interest rates.
- Manually consolidate statements every month.
- Track changing collateral values for collateralized deposits.
After CD Option
- One bank - The Union Bank Co.
- One interest rate.
- One account statement.
- No need to track.
Demand or Savings Option
Keep your money working for you with Demand Option or Savings Option. Have excess cash balances sent from your transaction account with us into a Demand Deposit Account (DDA) or Money Market Deposit Account (MMDA) that earns you interest. Best of all, those funds can be fully FDIC insured.
You will have access to an online tool, specially developed for Demand Option or Savings Option, which enable you to view monthly statements and track monthly program withdrawals - so you can literally watch your money as it works hard for you.
When you have funds in more than one option under the same tax identification number, the IntraFi Network is programmed to recognize existing placements and exclusions maintained by us for you.