Business Saving Comparison Chart
. | Eligibility Requirements | Interest Bearing | Minimum to Open | Minimum Balance to Avoid Fees | Monthly Service Charge (if Requirements are Not Met) |
---|---|---|---|---|---|
Statement Savings Advantage |
For Individuals or Businesses |
Yes. Tiered Balance Levels: $100.00 - $4,999.99; $5000+ |
$10 |
$100 (Any customer under the age of 18 or over the age of 62 will not receive a monthly service charge if $10 daily balance is maintained) |
$1.00 monthly service charge |
Money Market Advantage |
For Individuals or Businesses |
Yes. Tiered balance levels: $.01 - $2,499; $2,500 to $24,999, $25,000 to $74,999, $75,000+ |
$2,500 |
$2,500 |
$10 |
Lakes Money Market Plus |
Exclusively for FSB checking account customers |
Yes. Earn a higher rate of interest than the Money Market Advantage Account! Tiered Balance Levels: $.01 - $2,499; $2,500 to $24,999; $25,000+ |
$2,500 |
$2,500 |
$10 |