Business Savings Accounts - Bank of Kilmichael

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Savings Account

Minimum deposit of $100 required to open account.
6 free withdrawals per quarter – $1.00 for each withdrawal over 6.
If the balance falls below $100.00 on any one or more days during the statement cycle, a service charge of $10.00 will be accessed for that statement cycle.
Quarterly statements – March 31, June 30, Sept. 30, & Dec. 31. Interest credited on statement date.
Interest rate is variable – ask for current rate & APY.

Money Market Deposit Account

Minimum deposit of $2,500 required to open account.
6 transactions are allowed per month
If you have more than 6 per month, you will be charged $5.00 for each transaction thereafter.
Service charge of $6.00 if balance falls below $1,500.
Monthly statements. Interest is credited on statement date.
Interest rate is variable – ask for current rate & APY.