Overview
Looking for a safe alternative to build capital? Premier American Bank offers businesses several choices to grow your money with minimal risk.
Business Money Market
- Minimum balance of $2,500 to open
- Minimum average ledger balance of $2,500 to avoid monthly maintenance fee
- $12 monthly maintenance fee
- Teiered interest paid monthly
- $5 fee for each excessive transaction
Commercial High Yield Money Market
- Minimum balance of $50,000 to open
- Minimum average ledger balance of $50,000 to avoid monthly maintenance fee
- $12 monthly maintenance fee
- Teiered interest paid monthly
- $5 fee for each excessive transaction
Public Funds Money Market
(Must be a government entity)
- Minimum balance of $2,500 to open
- Minimum average ledger balance of $2,500 to avoid monthly maintenance fee
- $12.00 monthly maintenance fee
- Teiered interest paid monthly
- $2.00 fee for each excessive transaction
Business Savings
- Minimum balance of $100 to open
- Interest compounded and paid quarterly at competitive market rates
- Minimum average ledger balance of $200 to avoid quarterly maintenance fee
- $3 quarterly maintenance fee
- $2 fee for each excessive transaction
Premier Business Savings
- Minimum balance of $50,000 to open
- Interest compounded and paid quarterly at competitive market rates
- Minimum average ledger balance of $500 to avoid quarterly maintenance fee
- $3 quarterly maintenance fee
- $2 fee for each excessive transaction
Public Funds Savings
- Minimum balance of $100 to open
- Interest compounded and paid quarterly at competitive market rates
- Minimum average ledger balance of $200 to avoid quarterly maintenance fee
- $3 quarterly maintenance fee
- $2 fee for each excessive transaction
