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You want to earn a competitive rate on your excess funds but want the flexibility of accessing them as needed.
| What it offers: |
- Earns a variable tiered interest rate; compounded and credited monthly
- Check writing privileges
- Transfers to another account or to third parties by pre-authorized, automatic or
telephone transfers are limited to 6 per statement cycle (no more than 3 checks can
be made to a third party)
- Monthly statement
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| What it costs: |
- $8 monthly fee
- $5 fee for each check debited in excess of 3 per statement cycle
- $2,500 minimum to open
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| How to waive the monthly fee: |
Maintain $2,500 minimum daily balance |
| Business Money Market Account
as of May 7, 2008 |
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Minimum to open $2,500 |
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| Balances From |
To |
Interest Rate* |
Annual Percentage
Yield (APY)* |
| $10.00 |
$2,499.99 |
0.25% |
0.25% |
| $2,500.00 |
$24,999.99 |
1.74% |
1.75% |
| $25,000.00 |
$49,999.99 |
1.98% |
2.00% |
| $50,000.00 |
$99,999.99 |
2.37% |
2.40% |
| $100,000.00 |
$249,999.99 |
2.57% |
2.60% |
| $250,000.00 |
Over |
2.76% |
2.80% |
*Rate may change after
account opening without notice.
*Fees may reduce earnings and are subject to change without notice.
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If you have any questions about East Boston Savings Bank's business deposit products or services,
please contact our Call Center at (800) 657-EBSB, or click "Contact Us"
to e:mail our Retail Support Services.
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