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Business Savings
North American State Bank offers a high yield business savings account for the business owner looking for a higher return on their business cash balances with a competitive rate of interest.
- Minimum opening deposit of $500
- This is an interest-bearing savings account (rates vary by account balance)
- No monthly service charge with $2,500 daily minimum balance ($15/month without minimum balance)
- Interest rate and annual percentage yield may change at our discretion at any time
- Interest is compounded and credited monthly
- We use an average available monthly balance method to calculate interest
- Ability to make 6 pre-authorized transfers from savings account by check, debit card, or similar payment to third parties
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