Business Savings Account Certificate of Deposit

Business Savings Account

(Opening deposit: $500) Obtain competitive annual percentage yield on average daily collected balances of $250 or more while maintaining the liquidity your business demands. There is no monthly maintenance fee if your average daily collected balance is $300 or more. If your balance drops below the minimum during the month, there will be a $5 fee. An excess transaction fee of $1.00 will be charged for each debit transaction (withdrawal, automatic transfer or payment out of this account) in excess of two during a calendar month.

Certificate of Deposit

(Opening depost: $1,000) Maximize your earnings with our competitive rates. Bay Cities offers a variety of deposit terms, ranging from 30 days to 5 years. Minimum daily balance of $1000.00 is required to obtain the annual percentage yield. Interest is compounded daily and may be credited monthly to the account, paid by check, or transferred to another account. A penalty for early withdrawal will be imposed, reducing the annual percentage yield on the account.