Savings

Business Money Market Savings Account

This account is the smart savings alternative that offers higher interest rates and convenient check writing all in one!

• Higher tiered interest rate structure
• Unlimited ATM usage
• Convenient check writing – up to three per month *
• No monthly maintenance fee when you maintain a daily balance of $2,500 **

Business Statement Savings

BankNewport's Business Statement Savings is a deposit account that pays interest and allows easy access to your money. You can earn a competitive rate of interest while saving for needed supplies or unexpected expenses.

• Your deposits earn a competitive rate of interest paid monthly, by simply maintaining a daily minimum of $100†. As your account balance increases, you earn a higher interest rate based on a tiered interest structure.
• ††You can make up to 6 transfers per statement cycle from this Business account to another BankNewport account. That way you have funds available when and where you need them.
• Free Telephone Banking, Free Business Online Banking and Free Bill Pay!

* Transfers from a Business Money Market Savings account to another account by pre-authorized, automatic, telephone, or Internet are limited to six transactions (includes three Money Market Savings Account checks) per cycle. A fee of $10 will be charged for each transaction thereafter.

** If the minimum balance falls below $2,500 any day of the month, a monthly maintenance fee of $10 will be imposed.

† A daily minimum balance of $100 must be maintained in order to avoid a $3 monthly service fee

†† Transfers from this account to another deposit account by pre-authorized, automatic, Internet, or telephone, are limited to six per statement cycle. A fee of $10.00 will be charged for each transaction thereafter.