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In today's business environment, it is essential to maximize the productivity of every aspect of your business, especially the cash in your business accounts. At Minster Bank, we have saving solutions that will help you to achieve this objective.

       
 

 

 Business
Regular Savings  

 

Business
Investment Savings
Business Money
Market Advantage
Ideal if you're looking for...

 

A basic savings account 

 

A savings account with check writing privileges 

 

A savings account that offers premium interest rate and check writing privileges  

 

How is interest determined?

Variable Rate  

Compounded Daily  

Paid Monthly

Variable Rate  

Based on tiers:

$25,000 or more

$10,000-$24,999

$5,000-$9,999

0-$4,999  

Compounded Daily  

Paid Monthly

Variable Rate  

Based on tiers:

$500,000 or more

$250,000-$499,999

$100,000-$249,999

$25,000-$99,999

0-$24,999  

Compounded Daily  

Paid Monthly  

  What is the minimum balance to avoid fees?

$200

$1,000

$10,000

Will I be charged a monthly maintenance fee if I fall below the minimum?

Yes.

$4 fee

Yes.

$8 fee

Yes.

$25 fee

What is the minimum to open the account?

$25

$500

$10,000

Are there any transaction limits?

Yes. 

Limit of 6 preauthorized withdrawals &/or transfers per month.  

 

Unlimited transactions at ATM or Minster Bank office 

Yes. 

Limit of 6 preauthorized withdrawals &/or transfers per month.  

 

Unlimited transactions at ATM or Minster Bank office 

Yes. 

Limit of 6 preauthorized withdrawals &/or transfers per month.  

 

Unlimited transactions at ATM or Minster Bank office 

 

To open your Minster Bank Savings account, stop by any branch location or call 866-MINSTER.  We will help you choose the account that is right for your business.

Minster Bank
      
To report a lost or stolen Visa Debit Card, please call: 1-800-472-3272. To report a lost or stolen Visa Credit Card, please call: 1-800-444-6938.
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