Business Savings
The Business version of the Consumer Savings account, the Business Savings allows companies to earn interest on their money. With three great interest rate tiers and no monthly fee, this is a very attractive product to business customers.
| Business Savings | |
|---|---|
| Minimum Opening Deposit | $100.00 |
| Maintenance Fee | None |
| Transfer Fee | $5.00 per transfer |
| Rate Tiers |
|---|
| $0 - $999.99 - No Interest |
| $1,000.00 - $24,999.99 |
| $25,000.00 - $49,999.99 |
| $50,000.00 or more |
Business Money Market Accounts
Clarkston State Bank's Money Market Account allows customers to make up to six transfers and withdrawls per statement cycle while earning a higher rate than a standard Savings Account. Transfers and withdrawls include preauthorized or automatic transfers, or telephonic (including data transmission) agreement, order or instruction. There are no limits on the number of withdrawls done in person at a branch or through the ATM.
| Business Money Market | |
|---|---|
| Minimum Opening Deposit | $1,000.00 |
| Maintenance Fee | None |
| Telephone Transfer Fee | $5.00 per transfer |
| Rate Tiers |
|---|
| $0 - $4,999.99 - No Interest |
| $5,000.00 - $24,999.99 |
| $25,000.00 - $49,999.99 |
| $50,000.00 - $99,999.99 |
| $100,000.00 and over |
