 Business
Checking Accounts: You will not find a more convenient and inexpensive
way to manage the day to day checking needs of your business than
with our Business Checking Account. At Country Bank we keep it simple.
Unlike most banks we do not charge you for deposits or for each
item deposited and our monthly earnings credit helps you save even
more by reducing or eliminating fees altogether. A monthly maintenance
fee of $10 is charged and .15 for each check cleared. Please see
one of our customer service representatives for complete details
on our Business Checking Accounts.
Business NOW Accounts: This account is available
for sole proprietorships and certain tax-exempt organizations who
are entitled to have a NOW account. Interest is paid monthly based
on your average balance. Activity charges apply. Please check with
one of customer service representatives for additional information.
Business Money Market Accounts: Money Market
Accounts provide liquidity and higher interest for your idle funds.
You can open a Business Money Market Account for as little as $1,000
and there are no fees. These accounts are available in statement
or passbook form and pay a tiered rate of interest so the higher
your balance the higher the rate of interest.
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Effective as of 05-13-2008
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Business Accounts
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Interest Rate
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Annual Percentage Yield
|
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Business NOW Account
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0.25
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0.25
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Business Money Market under $1,000
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0.25
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0.25
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Business Money Market $1,000 - under $10,000
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1.00
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1.01
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Business Money Market $10,000 - under $50,000
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1.00
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1.01
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Business Money Market $50,000 - under $100,000
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1.50
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1.51
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Business Money Market $100,000 and above
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2.50
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2.53
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All rates are subject to change without
notice
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