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BUSINESS BANKING
Business Checking
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Money Market
Business Savings
Installment Savings
Time Deposit
   
BUSINESS MONEY MARKET

(A premium investment account which pays interest at rates above savings while permitting withdrawal privileges)

  1. Transfers to another account or to third parties by preauthorized, automatic, or telephone
    transfer are limited to six per statement cycle with no more than three by check, draft, or
    similar order to third parties.
  2. Unlimited access to account with personal over-the-counter transactions in bank offices.
  3. Interest varies based on the balance maintained.
  Money Market
Minimum balance to open $1,000
To waive monthly Service charge and debit fee
Minimum daily balance Or
Average daily balance
$5,000 or
$10,000
Monthly service charge $10
Fees per debit $10***
Interest Yes
Frequency of Interest credited Every Month
Statement cycle Month End
Telephone Banking (213) 383-8200 Yes

*** Fees: An excessive transaction fee of $10.00 will be charged for each debit in excess of six per month.
- Effect of closing an account - if an account is closed before the interest is credited on the statement cycle date, any accrued interest will not be paid.