Business Savings & Investment Products

LOCAL. BUSINESS SAVINGS

A flexible business savings plan this account offers higher interest rates as your balance increases.

  • $50 minimum to open
  • No monthly maintenance fees with $200 minimum daily balance; $5/quarter if you fall below minimum
  • Competitive interest rates
  • Quarterly Statement
  • Limited Transactions (Federal regulations limit the total number of transfers, withdrawals, checks, debit card transactions or similar orders payable to third parties to six (6) per month.)

LOCAL. BUSINESS MONEY MARKET

Retain easy access to your funds while maximizing interest earnings for your business.

  • $1,000 minimum to open
  • No monthly maintenance fees with $1,000 minimum daily balance; $10/month if you fall below the minimum
  • 150 free deposit items monthly; $.25 per item thereafter
  • Competitive interest rates
  • Monthly Statement
  • Limited Transactions (Federal regulations limit the total number of transfers, withdrawals, checks, debit card transactions or similar orders payable to third parties to six (6) per month. A $5 fee will be charged for excessive third party transactions.)

LOCAL. BUSINESS CERTIFICATES OF DEPOSIT

With CDs you receive a guaranteed return on your investment with varying terms to meet your business needs.***

  • $1,000 minimum investment
  • 7-day to 60-month terms
  • Interest rate guaranteed for entire term
  • Interest paid monthly into CD, transferred to another CSB account or by monthly check
  • Automatic renewal at maturity

*** Penalties for early withdrawal of CDs are as follows:

Terms greater than seven days or less than or equal to 90 days:
The fee we may impose will equal the total accrued interest.

Terms greater than 90 days or less than or equal to 180 days:
The fee we may impose will equal 90 days interest on the 
amount withdrawn subject to penalty.

Terms greater than 180 days or less than or equal to two years:
The fee we may impose will equal 180 days interest on the 
amount withdrawn subject to penalty.

Terms greater than two years:
The fee we may impose will equal 12 months interest on the 
amount withdrawn subject to penalty.