Profit from our tiered-rate dividend structure on our Cash Management Savings Accounts for business. Funds in your account(s) are insured to a total of $350,000.
Cash Management Savings
> $2,500 minimum balance
> Requires Business Checking relationship and Online Banking enrollment
> Dividends paid monthly
> $20.00 monthly fee if balance falls below $2,500
> Enrollment in Business Bill Pay service is encouraged
> Use Online Banking to transfer funds to your Business Checking account as needed.
| Minimum Balance |
Dividend Rate |
APY* |
| $0 - $2,499.99 |
0.00% |
0.00% |
| $2,500 - $9,999 |
1.00% |
1.00% |
| $10,000 - $49,999.99 |
1.49% |
1.50% |
| $50,000 - $99,999.99 |
1.74% |
1.75% |
| $100,000 - $499,999.99 |
2.23% |
2.25% |
| $500,000 or more |
2.47% |
2.50% |
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*APY is the Annual Percentage Yield, effective May 1, 2008, and is subject to change. Minimum balance requirements apply to average daily balance (amount of principal in account each day). Rates are anticipated. The dividend rate and APY may change after this account is opened. Rate and APY changes may be made at any time by the Board of Directors. Fees may reduce earnings on this account.
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For questions regarding our Business Services, contact Bill Daehn at 763-255-2616 or by e-mail.
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