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Business Savings and Money Market – Idaho

Business Savings, Money Market – Idaho

No matter what amount you deposit, put your money to work for you with one of Sunwest Bank’s business savings accounts.

Product Information Business Business Money Market Select Business Savings
Monthly Service Charge $12 $5
How To Avoid Monthly Service Charge Monthly service charge waived for maintaining a $3,500 Average Daily Balance1 or more Monthly service charge waived for maintaining a $500 Average Daily Balance1 or more
Minimum Balance to Open $100 $100
Features and Account Benefits2 Tiered interest and higher interest rates available compared to Business Savings Tiered Interest
Transaction Restrictions and Limitations Regulations prohibit no more than six (6)3 withdrawals or electronic transfers per month Regulations prohibit no more than six (6)3 withdrawals or electronic transfers per month

1. Average Daily Balance: The Average Daily Balance is calculated by adding the principal in the account for each day of the month and dividing that figure by the number of days in the month.
2. Fees and additional Bank approval may apply to products and services.
3. Six (6) covered transactions per calendar month (including preauthorized debits, online banking transfers, payments to 3rd parties, telephone transfers, and point of sale transactions).