Business Savings

Business Savings

• Opening deposit: $100
• Minimum balance requirement: $2,500 average monthly balance to avoid monthly service charge
• Complimentary eStatement and Quarterly paper statement³
• Online Banking and online bill pay available at no additional charge
• Complimentary mobile App & mobile deposits⁴ services

Commercial Money Market Savings

• Opening deposit: $500
• Minimum Balance Requirement: $5,000 average monthly balance to avoid monthly service charge
• Complimentary monthly eStatement with check image view⁶
• Complimentary First Order of Checks⁷
• Loyal Trust Bank Debit Card
• Online Banking and online bill pay available at no additional charge
• Complimentary mobile App & mobile deposits⁴ services

Business Certificate of Deposit

• CD Terms: 6 Mo.; 12 Mo.; 24 Mo.; 36 Mo.; 48 Mo.; 60 Mo.
• Opening deposit: $1,000
• Interest: Yes, Tiered Interest Rate
• Early Withdrawal Penalty: Yes⁸
• Grace Period after maturity: 10 days
• Maturity Notice: Yes
• Automatic Renewal: Yes^9,10

³ Sign up online banking with Quarterly eStatement to avoid $3 paper statement charge

⁴ Mobile Deposit Limit: $5,000 per deposit and $10,000 daily total deposit. Please refer to Mobile Deposit disclosure and terms and conditions for funds availability

⁶ Sign up online banking with Monthly eStatement to avoid $3 paper statement charge

⁷ Complimentary first order of Loyal Trust Bank Custom checks

⁸ CD withdrawal or closure prior to maturity: CD term less than 12 months or less, 30 days interest penalty; CD terms over 12 months 90 days interest penalty. Withdrawal penalty may reduce earning and principle balance

⁹ Auto renewal rate is based on the interest rate bank offered at the maturity period; CD will auto renewal into the same term as the matured CD

¹⁰ Certificate deposit interest may be credited to the CD or other Loyal Trust Bank savings or checking account