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Business Savings Accounts
As a business owner, you need your money to work as hard as you do. That’s why Androscoggin Bank offers you several solutions for managing your excess funds all at competitive rates. Whether you need a tiered-rate savings or money market account offering higher rates or a certificate of deposit with a term that match your needs, you’ll find all your options right here at Androscoggin Bank. And selecting the right account has never been easier.
EZ Choice Savings Comparison |
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| Apply Now | Apply Now | Apply Now | Apply Now | |||||
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Business Partners Savings |
Business Money Market |
Basic Savings |
Certificates of Deposit |
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FDIC Insurance |
Yes |
Yes |
Yes |
Yes |
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Auto-Save From Androscoggin Checking |
Yes |
Yes |
Yes |
Yes |
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Minimum Deposit to Open |
$2,500.00 |
$25,000.00 |
NA |
$500.00 |
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Monthly Service Charge |
$10.00 |
$25.00 |
$1.00 |
NA |
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Minimum daily account balance to waive monthly service charge |
$2,500.00 |
$2,500.00 |
$100.00 |
NA |
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Check Writing |
NA |
Yes |
NA |
NA |
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Minimum Balance to earn Interest |
$0.01 |
$0.01 |
$0.01 |
$0.01 |
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ATM Card Access |
Yes |
Yes |
Yes |
No |
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ATM Charges1 |
None |
None |
None |
None |
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Free VISA® Check Card |
NA |
Yes |
NA |
NA |
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Link to your Androscoggin Bank Checking Account |
Yes |
Yes |
Yes |
Yes |
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Combined Account Monthly Statement |
Yes |
Yes |
Yes |
Yes |
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Unlimited Telephone Banking |
Free2 |
Free2 |
Free2 |
Free2 |
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eStatement |
Yes |
Yes |
Yes |
Yes |
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Notary Services |
Free2 |
Free2 |
Free2 |
Free2 |
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