Business - Deposits - Savings Scott State Bank

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Savings

Commercial Savings

  • $50 minimum deposit to open account
  • Interest is variable
  • Interest is paid quarterly
  • $2 service charge if minimum average daily balance falls below $100 during the statement cycle
  • $2 service charge for each debit transaction in excess of 4 during the month

Money Market

  • $2,500 minimum deposit to open account
  • Interest is tiered and variable
  • $12 service charge if minimum daily balance falls below $2,500 and average daily balance falls below $5,000 during statement cycle

Premium Plus Money Market

  • $10,000 minimum deposit to open account
  • Interest is tiered and variable
  • $15 service charge if minimum daily balance falls below $10,000 during statement cycle