Prepare Today for Your Business’s Tomorrow
Do you have a surplus you need to bank against the possible impacts of a bad quarter? Have a special equipment purchase in mind that you need to save up for?
When your business needs an easy and affordable savings option, Bank of Dudley Business Money Market accounts offer competitive rates, low fees, and the convenience and service you’ve come to expect from Bank of Dudley.
Savings That Make Sense for Your Business
How Does Bank of Dudley Make Business Savings Better?
Your business grows and thrives as part of our community. When you partner with Bank of Dudley, you can rest assured that your entire banking team lives, works, plays, and worships right here in our community with you. We understand how significant your business’s savings are to you, your team, and your future success, and we’re dedicated to protecting your savings and your financial future.
You’ve never had a business relationship this easy. From your first visit, our team remains invested in offering you the same friendly, personal, first-name-basis service our personal banking customers enjoy. We get to know you and your business, providing options that may help you succeed.
Savings can mean a lot to a business: a hedge against future uncertainty, the foundation for a new product or expansion, or just a damper to smooth out an inconsistent cash flow. Whatever your savings are meant for, we know that you’ll use them to help your business grow. And when your business grows, that means more opportunities for our community and our neighbors.
Low minimums, competitive rates, and flexible withdrawal and deposit options – those are the on-paper benefits of a Bank of Dudley Business Money Market account. In addition, you get a full-service business banking partner that shares your passion for success.
| Bank of Dudley Business Money Market | |
|---|---|
| Minimum opening deposit | $1,000 |
| Minimum daily balance to avoid maintenance charge | $1,000 |
| Interest-bearing account | Yes |
| Maintenance charge | $5 |
| Maximum debits per statement cycle | 6/month |
| Excessive debit fee | $3 for each debit over 6 |
| ATM card | Yes |
Savings/Money Market Account Disclosures and Explanations
Federal law requires that a savings or money market account holder may make no more than six (6) transfers and/or withdrawals during any statement cycle, to another of your accounts with us or to a third party by means of a preauthorized or automatic transfer, or telephonic agreement, order or instruction or by check, draft, debit card, or similar order made by you and payable to third parties. In accordance with federal law, if you have more than the allowable transfers or checks or drafts in any one period, your account may be subject to closure or placed in another type of account which you are eligible to maintain. In addition to the above transfer types, by law you may make unlimited withdrawals or transfers if made in person at our locations, by messenger, mail or telephone (via check mailed to you), or use of an ATM card. However, you will be charged a $3.00 excessive debit fee for each debit over (6), regardless of type.
Start Saving Today for a Successful Tomorrow
Call and Open a Bank of Dudley Business Money Market Today:
