What every small business needs: the ultimate in financial flexibility and high-yield returns. It also makes a perfect complement to our Business Complete Checking account.
- For Business Complete Customers
- Top Tier Indexed to the Prime Rate minus 4.00%
- No Monthly Service Charge
- Tiered Rate Account
- Interest Compounded Daily/Credited Monthly
- FDIC Insured
* Qualifications & Considerations
Must have or open a Business Complete checking account.
Minimum to open is $5,000. You must maintain a minimum balance of $5,000 to accrue interest.
This is a tiered rate account. Balances $25,000 and greater will earn no less than Prime Rate minus 4.50% and may earn more at the discretion of the bank. Your interest rate and annual percentage yield may change. We reserve the right to change the interest rate on your account at any time. Interest will be compounded daily and credited to your account monthly. We use the daily balance method to calculate the interest on your account. Non-cash deposit interest begins to accrue on the business day you deposit items. To learn current interest rates, click here.
Federal regulation limits third party or pre-authorized transfers (including overdraft transfers) or transfers made by telephone or personal computer to six per statement cycle, no more than three of which may be by check, draft, or check card.
| If you don't have a Bangor Savings Account, there are three easy ways to open one: |
|