Bank of Stanly
 

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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

Bank of Stanly, Member: FDIC
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