
Grand Business Savings Account, a premium savings account that provides our business customers with the opportunity to earn tiered interest on higher deposit balances without sacrificing easy access to their funds. The Grand Business Savings Account is available to Corporations, Partnerships, Sole Proprietorships, Professional Associations and Business Entities.
| Save Money While You Earn Money |
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Interest compounded daily and credited monthly |
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Tiered interest rates based on account balance |
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No monthly maintenance fee if minimum balance of $5,000 is maintained. Monthly maintenance fee of $25 is assessed if balance falls below $5,000 any day during the statement cycle |
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Required opening deposit: $5,000 |
Account Balance |
Annual Percentage Yield |
Interest Rate |
$5,000 - 24,999 |
0.03% |
0.03% |
$25,000 - 49,999 |
0.05% |
0.05% |
$50,000 - 99,999 |
0.10% |
0.10% |
$100,000 - 999,998 |
0.20% |
0.20% |
$999,999 + |
0.30% |
0.30% |
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| Interest rates
effective as of 01/27/12 and are subject to change at any time. |
| Easy Access and More Savings |
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Make up to six pre-authorized transfers, to another account or to third parties by preauthorized, automatic, computer, telephone, check, draft, debit card or similar order. |
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Unlimited “in person” withdrawals |
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FREE 24-hour Telephone Banking |
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FREE Online Banking |
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FREE eStatements |
| Saftey and Peace of Mind |
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FDIC Insured* |
* On July 21, 2010, FDIC deposit insurance permanently increased from $100,000 to $250,000 per depositor.
Fees can reduce earnings. |