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Business Savings

Business Freedom Savings

Money in the bank is music to your ears. Here’s the account designed to maintain your balances and enhance your freedom.

  • No monthly maintenance fee with a minimum balance of $300; otherwise $5.50 Monthly 
  • Two free withdrawals monthly; each additional withdrawal $3

Patriot Business Money Market

Park your earnings in Patriot’s highest-yielding account for your business. It’s designed to maximize your return with excellent rates.

  • No monthly maintenance fee with minimum balance of $10,000; otherwise $19.95 monthly fee
  • Six pre-authorized withdrawals per month; each additional withdrawal $10

 

 

Transaction limits apply.  Under Federal Rules you are allowed up to six pre-authorized withdrawals per statement cycle, including telephone or electronic transfers, check, draft, debit card, or similar order to third parties.  For Money Market accounts, three of the six withdrawals may be made by check.  There are no limits on the number of deposits or the number of withdrawals you can make at an ATM, by mail, or at a Patriot Bank branch.  Please note that the Business Freedom Savings product only allows two monthly free withdrawals.

We use the daily balance method to calculate interest on your account.  This method applies a daily periodic rate to the principal in the account each day.

All accounts and services may be subject to approval; additional restrictions, fees and limitations may apply.  Talk to a banker for details.