Business Savings

 

Statement Savings

  • $25.00 deposit required to open an account
  • Avoid a $2.00 quarterly service fee by maintaining a $25.00 minimum daily balance
  • Interest accrues daily on collected balance and is paid quarterly
  • Unlimited ATM and in-person withdrawals

Account limitations:

  • A limit of six withdrawals per month for preauthorized, automatic, telephone or internet transfers

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Certificates of Deposit

  • $1000.00 minimum balance required
  • Flexible terms from 6 months to 4 years
  • Several options for payment of interest earned; accumulate, by check, or conveniently deposited into a BLC checking or savings account
  • Penalties apply for early withdrawal

Click here to view the current rates offered on our interest bearing products.

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Money Market Accounts
Available to personal and business customers.

Insured Money Market

  • $2500.00 minimum balance required
  • Earn a higher rate of interest on a higher maintained balance
  • Avoid a $5.00 monthly service fee by maintaining a $2500.00 minimum daily balance
  • Interest accrues daily on collected balance and is paid monthly
  • Rates are subject to change at any time

Account limitations:

  • A limit of six withdrawals per month for preauthorized, automatic, telephone or internet transfers

Super Insured Money Market

  • Earn even a higher rate of interest on a $10,000.00 minimum balance account
  • If the balance falls below the $10,000.00 minimum, the monthly interest rate reverts to the statement savings rate
  • Interest accrues daily on collected balance and is paid monthly
  • Rates are subject to change at any time

Account limitations:

  • A limit of six withdrawals per month for preauthorized, automatic, telephone or internet transfers

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Member FDIC

Equal Housing Lender
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