Business Savings

Savings for your business is a great investment! With our business savings accounts, we help you do just that.

 

Business Savings Account Benefits

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Business Savings Account Comparison

Product

Business Savings

Tiered Money Market Savings 

Premier Tiered Money Market Savings

Opening Deposit

$20

$2,500

$25,000

Minimum Balance

No minimum balance requirement; however, a balance must be maintained to prevent automatic closing.

$2,500 

$25,000

Monthly Fee

$0 

$5
Fee is $0 providing the minimum balance requirement is maintained.

$25
Fee is $0 providing the minimum balance requirement is maintained.

Interest Bearing

Check Mark

Check Mark 

Check Mark

Interest*

Interest is compounded and credited quarterly. 

Interest is calculated daily and credited monthly.

Interest is calculated daily and credited monthly.

Transaction Limit**

Ten transaction limit per calendar month.

Six transaction limit per calendar month.

Three transaction limit per calendar month.

 

*Interest rates set by the Bank are subject to periodic change.
** Exceeding the calendar month transaction limit is subject to an excessive withdrawal service fee.  

Make the Switch

Are you interested in switching your accounts to Queenstown Bank but you're not sure how to get started? Use our Switch Kit to help you get started today!

Switch Kit

 

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