Business Savings Accounts
This simple savings account can help put your business in a position to take advantage of opportunities when they arise. A business savings plan can help your business avoid paying interest when making major purchases, provide a financial cushion during economic downturns or enable you to expand your business when the time is right.
| Requirements |
$10 to open |
| Monthly Statement Fee |
No |
| Interest |
- Maintain $200 daily balance to earn interest
- Compounded & Credited Quarterly
|
| Minimum Balance |
No |
| Bounce Protection |
No |
| Debit/ATM |
ATM Only |
| Per Item Charge |
- 6 in house withdrawals free per month
- Over 6: $5 per withdrawal
|
* See your Bank Michigan Representative for current interest rates