Business Savings

Premier Business Savings

This account features:

• No fees with an average monthly balance of $100 or more; otherwise $3/month.
• Unlimited in person withdrawals
• Variable rates, increasing at daily balance levels of $1,000, $5,000 and $10,000.

Business Money Market Account

This account features:

• No fees with average monthly balance of $5,000 or more; otherwise $10/month
• Up to 3 free checks per month, per Federal regulations
• Variable rates, increasing at daily balance levels of $5,000, $25,000, $50,000 and $100,000
  

Certificates of Deposits

Lock in a great rate that’s right for you. A CD is a time deposit account that offers a safe harbor for your money and generally returns more than a regular savings account. In exchange for your investment over a certain period of time, Premier Bank will pay you a set rate of interest. At the end of this time period, known as maturity, you may choose to withdraw the money, along with the interest it earned, or let your CD renew for another term at the market rate. You also receive the added security of Federal Deposit Insurance coverage.

Features of CDs:

• Guaranteed return on your investment
• Minimum deposit required
• Various terms available
• Earn higher returns by locking in funds
• No unpredictable markets or difficult investment choices
• Renew your CD at the market rate at time of renewal
• Penalties apply for early withdrawal