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Business Statement Savings

You want a basic savings account to earn some interest on funds while maintaining the flexibility to conduct transactions whenever you want.

What it offers:

 

  • Earns a variable tiered interest rate; compounded and credited monthly - the higher your balance, the more you earn
  • Withdraw at any time without notice or penalty
  • Monthly statement

 

What it costs:

 

  • $1 monthly fee
  • $50 minimum to open

 

How to waive the monthly fee:

 

Maintain a $350 minimum daily balance


Business Statement Savings and Retirement
as of May 7, 2008
     Minimum to open $50
    
Balances From To Interest Rate* Annual Percentage Yield (APY)*
$0.00 $999.99 0.25% 0.25%
$1,000.00 $2,499.99 0.25% 0.25%
$2,500.00 $9,999.99 0.75% 0.75%
$10,000.00 $24,999.99 1.00% 1.00%
$25,000.00 $49,999.99 1.20% 1.21%
$50,000.00 Over 1.50% 1.51%
*Rates may change after account opening without notice. Fees may reduce earnings and are subject to change without notice.

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 Deposit Operations.


Member FDIC. Member DIF. Equal Housing Lender. Equal Opportunity Lender.

Home | Phone: 1-800-657-EBSB | Email | 24 Hour Phone Banking: 1-866-774-7705
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