Commercial High Rate Savings
A premium rate of interest with the flexability
allowing you to make cash withdrawals at any time, no
penalty.** On qualifying balances,
interest paid to your account is comparable to that paid
on a six-month Certificate of Deposit (CD). It’s like
having a CD and a savings account combined! Interest earnings
are based on the following interest rate structure:
| $ .01
- $ 9,999.99 |
Interest
is earned on the collected balance. Rates are subject
to change daily, however, rates are currently reviewed
weekly. |
| $ 10,000.00 - $ 19,999.99 |
| $ 20,000.00 - $ 49,999.99 |
| $ 50,000.00 - and above |
Benefits:
- No Fee Item Limit: 50
-
(Deposits, checks deposited, paper drafts, electronic
debits and credits, ATM transactions, POS transactions)
- 3 Free Withdrawals / Quarter **
- Monthly Maintenance Fee: $5.00
- No Charge if
the minimum daily balance of $1,000 is maintained.
- Interest Bearing: Savings interest comparable
to a six-month CD
- When you maintain a daily
balance of $10,000.00 or more.
-
Access your account easily and quickly, whenever you
need it, with no early withdrawal
penalty **
- Convenient
Deposit of Funds with Direct Deposit
- Automatic
Payments and Transfers
- Complimentary Online Banking
- Combined
Accounts Statement
- FDIC Insured
- Required to open an account: $10,000
- Account Closing Fee: $25
- (If closed within 12 months of opening)
** Federal
regulations limit third-party transactions and pre-authorized
transfers to 6 (six) per statement cycle, no more than 3 (three)
of which may be checks. Unlimited in-person withdrawals.
About Us:
We are committed to delivering quality products
and services and adhering to a high standard of customer
care. Our Account Executives would be happy to assist you
and discuss your savings options.
When you do business with Bank of Stanly
your money provides capital for local businesses, creates
local jobs and improves the quality of life for families.
We want what’s best for our communities, friends and
neighbors … together we are Making a Difference.
| (704)
983-6181 | (1-800)
438-6864 | Locations |
|