Business Savings Accounts
Passbook Account for Business
Earn day-of-deposit/day-of-withdrawal interest at a competitive rate.
- No maintenance charges
- Earn interest with just $25 in your account
- Passbook makes for easy record keeping
Statement Savings Account for Business
Get day-of-deposit/day-of-withdrawal interest at a competitive rate.
- No maintenance charges
- Earn interest with just $25 in your account
- Includes statement mailed to you
- Access via ATM card for cash withdrawals and transfers
- Use Express Banking for balance inquiries and transfer
- Get overdraft protection*
*Statement Savings Account customers may authorize the Bank of Richmondville to make transfers in whole dollar amounts from their statement savings account to their checking account, when necessary, to cover overdrafts to their account. The fee assessed per entry for this service is $3.00 per transfer.
MMDA (Money Market Deposit Account) for Business
Earn higher interest and write up to six checks per month without a fee.
- No per check or deposit charges
- Includes monthly statement mailed to you
- No monthly maintenance charges when you keep a daily balance of $1,500
- Normal Money Market Deposit Account transaction restrictions apply
