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Business Savings & Money Market

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.

If you have a question and want to talk with a live person you can talk to and trust, we are a phone call away.



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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 interested 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 


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