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Business Savings, Money Market, and CD's

  Business Savings** Business Money Market**

Business AdvantagePlus Money Market**

Business Certificates of Deposit
Best fit for: Companies who maintain lower balances Companies who maintain moderate to higher savings balances Companies maintaining higher savings balances CDs provide a low risk but flexible savings option
Minimum opening balance $150 $2,500 $25,000

$500

$100,000  (jumbo)

Minimum daily ledger
balance required to avoid a monthly minimum balance fee
$150 $2,500 $25,000  
Minimum balance fee if balance requirements are not met $2 per month $8 per month $20 per month  
Monthly Service Charge - First 75 deposited items are free, after 75 a charge of $0.20 per deposited item(s)  
Earn interest on your balance
Business Online Banking  
Online Banking Bill Pay  
e-Statements  
VISA Debit Card
Domestic ATM fees are refunded by Foundation Bank
 

Additional Options and Features include

  • No charge Notary services
  • No charge Account Alerts
  • Treasury Management Services*    
    (ACH , Wire, and  Positive Pay)
  • CD-ROM* statement
 

 *Additional costs and approval may apply

 **Regulation D - Withdrawals or transfers out of your money market and savings accounts are limited by federal law.  During any monthly statement period, you may make no more than 6 withdrawals or transfers (for example by check, debit card, ACH, telephone, Business Online Banking) out of these accounts. However, this limit does not apply to withdrawals made in person or through ATMs, mail (by a check payable and mailed to you), or messenger.  

All deposit accounts that earn interest, except CDs, pay a variable rate of interest that can change at the bank's discretion.