Business Banking - Savings
A business savings account is an excellent way to set aside money for a special occasion, to accumulate funds for one of our other higher-yield accounts, or for a “rainy” day. At Monroe County Bank, you do not need a lot of money to open a business savings account.
Basic Business Savings Contact
Us
Monroe County Bank’s Basic Business Savings account is a
good way to start a savings program. With an opening deposit of $200, you
receive:
- NO service charge if a minimum balance of $200 is maintained
- (6) Six free withdrawals per quarter; otherwise, $1 per withdrawal
- Interest paid quarterly
Business MoneyMarket Contact
Us
Our MoneyMarket account pays interest and offers you the
flexibility to make six (6) debits/transfers in a monthly statement cycle. This
is an excellent way of putting your money to work earning interest, while still
being able to access your funds. Earn market rates with a low opening
deposit of $5,000 and receive the following benefits:
- The moneymarket of interest is paid monthly based on the daily balance.
- NO service charge if you maintain a minimum balance of $5,000; otherwise, $7/month
- $2.00 fee on each debit over six (6) in a month
- Visa CheckCard (subject to approval)
- Current Business MoneyMarket Rates