Savings and Investments
Business Money Market
Offers the higher interest of money market rates that increase with your balance plus the convenience and flexibility of a checking account
- $1,000 minimum to open
- $15 monthly maintenance fee; no maintenance fee with $1,000 minimum or $2,500 average balance
- Tiered interest paid on collected balances as follows:
- Up to $10,000
- $10,001 to $50,000
- $50,001 and up
- Up to 6 withdrawals, transfers or other debits per month at no charge; $10 each thereafter
Certificates of Deposit
If your business has cash to invest, we offer competitive rates and flexible terms in a secure account
- $500 minimum
- Terms from 7 days to 5 years
- A choice of interest payment options:
- Compounded to the account
- Transferred to another VantageSouth account
- Paid by check
BUSINESS DEPOSIT ACCOUNT
|
| |
Business
Checking |
Business Interest
Checking |
Business Analyzed
Checking |
IOLTA |
Business Money
Market |
| MINIMUM TO OPEN |
$100 |
$100 |
$100 |
$100 |
$100 |
| INTEREST |
No |
Yes |
No |
Yes |
Yes, tiered |
| MONTHLY MAINTENANCE FEE |
$10 |
$15 |
$16 |
$0 |
$15 |
| BALANCE TO AVOID FEE |
$2,000 minimum
$5,000 average |
$5,000 minimum
$8,000 average |
Based on analysis |
|
$1,000 minimum
$2,500 average |
| ACTIVITY FEES |
More than
200 total debits,
credits and
items deposited
= $0.35 each |
More than
200 total debits,
credits and
items deposited
= $0.35 each |
$0.20 per paper debit;
$0.10 electronic
$0.10 per item
deposited
$0.45 per paper credit;
$0.20 electronic |
|
Up to 6 withdrawals,
transfers or
other debits per
month at no charge;
$10 each thereafter |
| ONLINE BANKING |
Free |
Free |
Free |
Free |
Free |
| BILL PAY |
Free |
Free |
Free |
Free |
Free |
| DEBIT CARD |
Free |
Free |
Free |
|
Free |
| e-STATEMENTS |
Free |
Free |
Free |
Free |
Free |
Health Savings Account
A tax-favored, interest-bearing account used to pay qualified medical expenses, available exclusively for your employees under age 65 with high-deductible health plans
Investment Services
Whether your financial strategy is simple or complex, VantageSouth Investment Services, a division of VantageSouth Bank, can assist you in planning for your retirement, developing a realistic investment plan, taking steps to protect your current and future assets and more.* Call us to set up an appointment.
*PLEASE NOTE: Securities and insurance products offered through VantageSouth Investment Services are NOT insured by the FDIC or by any government agency. Investments are not deposits and are not guaranteed by the bank. Investments may lose value.