Interest is compounded quarterly and credited on the last day of each calendar quarter. If you close your account before interest is credited, you will not receive the accrued interest.
Your interest rate and annual percentage yield may change. At our discretion, we may change the interest rate on your account monthly.
Monthly minimum balance fee of $5.00 will be charged if the daily balance drops below $100 any day of the month (under age 21 excluded).
A $1.00 charge per withdrawal begins with the seventh withdrawal during any calendar month.
Any account overdrawn by an electronic transfer will receive a $45.00 service charge.
SBH Business Money Market Account
You must deposit $5,000 to open this account.
Interest is compounded monthly and credited on the last day of each month. If you close your account before interest is credited, you will not receive the accrued interest.
Your interest rate and annual percentage yield may change. At our discretion, we may change the interest rate on your account monthly.
Monthly minimum balance fee of $5.00 will be charged if the daily balance drops below $5,000 any day of the month.
You may make six transfers from your account per month.
Unlimited withdrawals are allowed if made in person or by mail.
Withdrawals must be for at least $1,000. There is no limit or minimum on deposits.