Business Savings

businesssavings

Magnolia Platinum CMMA

Significant savings and greater flexibility

  • Minimum deposit to open $2500.00
  • Competitive interest rate on daily balance of $2000.00 or more*
  • Only $7.50 maintenance fee if daily balance falls below $2500.00
  • First six withdrawals per statement cycle free, $3.00 per item thereafter**
  • Free easy to balance statement
  • Free Online Banking
  • Free E-statements
  • Free Automated 24 hour Customer Service

Certificate of Deposits (CDs)

Plan for the future

  • Minimum deposit to open $500.00
  • Higher returns than savings accounts
  • Terms from 3 months to 5 years
  • Penalty on earnings for early withdrawals
  • Account automatically renews at maturity

 

*We may change the interest rates at anytime at our discretion.

**This account is limited to 6 transaction per statement cycle and excessive withdrawals over the limit may result in fees, account closure, change of account type, termination of transfer capability or other remedial action. See your account disclosure for full details.