Bank of Travelers Rest offers accounts designed to help your business maximize money saved for the future. Whether you are saving for an expansion, preparing to change equipment or saving for an unperceived future need, our Relationship Bankers can identify your savings goals and recommend the accounts that best meet those needs.
Business Premium Money Market
Certificates of Deposit
Prime Rate Certificates of Deposit
Minimum Opening Deposit
(additional deposits allowed)
Maintenance Fee per
$5 fee waived with $200 daily minimum balance
$10 fee waived with $1,000 daily minimum balance
Interest earned on balances of $25 or more
Interest earned on balances of $1,000 or more, with special tiered rates
Interest rates determined by time and amount
Interest rate varies based on the Prime Rate 1
6 per statement cycle, then $3 per withdrawal*
6 per statement cycle, then $10 per withdrawal*
*Federal Regulation limits the number of withdrawals to 6 per statement cycle. Additional limits may apply per your account disclosures. Excessive withdrawals from Business Savings or Business Premium Money Market accounts may result in the account being converted to an interest-bearing transaction account.
1. Prime Rate as defined in The Wall Street Journal.
Each business has its own unique set of savings goals. Whether you are saving for a long range plan or your need is more short-term, Let Bank of Travelers Rest review CD terms and rates with you. Our Relationship Bankers and Customer Service Representatives can provide the options you have to maximize your savings plan.
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