Business Statement Savings
Businesses need a cash fund to address contingencies and earn a competitive rate of interest. Crescent's Business Statement Savings provides such a vehicle. A minimum daily balance of $1,000 avoids a $10.00 monthly service charge. You can make three (3) withdrawals per month from the account each quarter at no charge. Each withdrawal in excess of three (3) per month will be assessed a $2.00 transaction fee.
- Minimum Deposit to Open the Account: $200
- Minimum Daily Balance to Avoid Fee: $1000 Daily balance
- Interest Bearing: Yes
- Monthly Service Charge: $10 waived w/ $1000 minimum daily balance
- Withdrawals: 3 per mo./9 per quarter (charged quarterly) $2 each excessive withdrawal
- Online Banking and Bill Payment: Free
Start saving today. Call or stop by your neighborhood location.
