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Savings Plans |
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Business
Statement Savings
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The Business Statement Savings was designed
for businesses with limited funds. A minimum
balance of $100 is required to avoid a $2.00
monthly service charge. It allows for unlimited
deposits and withdrawals. Current interest
rates and annual percentage yields are available
at any of our
offices. |
| Business
Money Market Plus |
| Business
Money Market Plus is a great way to earn the
best rate of return for your funds. It is
a savings account that allows limited check
writing privileges. A minimum opening deposit
of $1,000 is required. If the balance falls
below the minimum, a monthly fee of $10.00
is charged plus $.25 per debit. You can access
the account any time, with up to six (6) debit
transactions each month, three (3) of which
can be checks. A charge of $5.00 per check
in excess of three per statement, plus $.25
per debit, including withdrawals, checks paid,
automatic transfers or automatic payments
in excess of six per statement will be applied.
Current interest rates and annual percentage
yields are available at any of our
offices. |
| Business
Bonus |
| The
Business Bonus Money Market account is a higher
balance savings account that earns a higher
rate of interest. It requires a minimum opening
deposit of $25,000. If the balance falls below
the minimum, a monthly fee of $20.00 is charged
plus $.25 per debit. You can access the account
any time, with up to six (6) debit transactions
each month, three (3) of which can be checks.
A charge of $5.00 per check in excess of three
per statement, plus $.25 per debit, including
withdrawals, checks paid, automatic transfers
or automatic payments in excess of six per
statement will be applied. Current interest
rates and annual percentage yields are available
at any of our
offices. |
| Certificates
of Deposit |
Byron
Bank also offers a variety of CDs, including
Short Term, Long Term, Jumbo, Home Safe, and
Penalty Free. There is a penalty for early
withdrawal. Certificates of deposit are FDIC
insured.
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