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Business Savings

Business Savings

Description:

An interest bearing business savings account with limited monthly transactions.

Target Market:

Business owners wanting an interest bearing account for liquid funds.

Fees:

A $7.50 monthly maintenance fee will be assessed. The fee will be waived if a First Federal business checking account for the same business is open. If the balance in the account at the time the service charge is assessed in less than $7.50, a charge will be assessed for the balance in the account, less .01.

No more than 6 preauthorized transfers are allowed per month. Transactions in excess of this limit will be charged $10 per item.

A fee of $2.50 will be charged for each withdrawal from an ATM not owned or operated by First Federal. Fees will be waived if the ATM is part of the MoneyPass network.

Statement:

Quarterly

ATM Access:

Yes

Details:

Minimum deposit of $100 to open. See account disclosure or deposit rate sheet for more information.

FEATURES AND BENEFITS

Any business structure eligible

Flexible, meets business needs

ATM transactions

24-hour access to cash

Overdraft Protection for checking account

Spending flexibility with less hassle

Interest compounds daily

Maximum interest earning potential

 

Complementary Products and Services

  • Business Checking
  • Online Banking with FinanceWorks®
  • Mobile Banking
  • Touch Tone Teller
  • Business Money Market
  • IRA, HSA, SEP
  • Business Lines of Credit
  • Merchant Services

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Monday through Friday: 7am - 7pm

Saturday: 9am - 1pm

Phone

Monday through Friday: 7am - 7pm

Saturday: 9am - 1pm

(800) 800-1577

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(800) 554-8969
  • First Federal Savings and Loan
    Routing # 325170848
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