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Savings
Business Savings Account
Watch your money grow with Jefferson Bank’s basic savings account. Maintain a minimum daily balance of $1,000 or more and pay no maintenance fees!
- Interest is compounded and paid monthly when combined with a Jefferson Bank Checking account.
- Without a checking account, interest is compounded and paid quarterly.
- Unlimited withdrawals or transfers in person.
- Six pre-authorized transfers each month, (three transfers may be by check, draft, debit card or similar third-party transaction.)
Monthly maintenance fee if balance falls below $1,000
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$5.00
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Ledger items
Debits over 6
Credits over 20
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$1.00
$0.15
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Deposit items
First 20
Over 20
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Free
$0.15
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Earnings credit does not apply to Business Savings Account.
Business Insured Money Market Account
Enjoy a higher rate of interest and unlimited checking privileges!
Designed for sole proprietorships, corporations, non-profit organizations, associations, partnerships and governmental entities.
Six pre-authorized transfers each month, (three transfers may be by check, draft, debit card or similar third-party transaction.)
Unlimited withdrawals or transfers in person.
Monthly maintenance fee if balance falls below $1,500
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$6.00
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Ledger items
Debits over 6
Credits over 20
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$1.00
$0.15
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Deposit items
First 20
Over 20
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Free
$0.15
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Note: Savings accounts and Insured Money Market Accounts – Once the account has violated the Regulation D limits twice, the bank will automatically convert the account to a transaction-type account.
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