Business Savings Accounts

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Community Investments
Simple, straightforward, and free for municipalities and non-profit organizations.

• Balance to Open $50.00
• No Minimum Balance Required
• No Monthly Maintenance Fee 1
• Tiered Interest According to Balance 5
• Check Images Not Available
• Debit Card Available 2
• SMB&T ATMs No Charge; Non-SMB&T $1.75
• Personalized Checks At Cost
• Free Internet Banking 2 and Bill Pay 3
• Cash Management Available 2
• Monthly Statements 4

• Balance to Open $50.00
• Minimum Balance $100 Required
• Monthly Maintenance Fee of $2 If Below Minimum 1
• Interest Paid Monthly Based on Tiered Rate 5

¹Special fees may apply to all accounts.  ²Upon qualification, some restrictions may apply.  ³Electronic bill payments are processed through iPay Technologies.  ⁴Check Safekeeping.  ⁵ Ask a New Account Representative for current interest rates.  Interest will accrue daily on the available balance if the balance meets the stated minimum requirement.  Interest is compounded monthly and paid monthly on the statement cycle date.  Interest rates are subject to change.  ⁶You may be charged a terminal fee when using your SMB&T card at another bank’s ATM.  ⁷ Earnings credit based on average balance and monthly activity can help to offset fees.  The rate to determine earnings credit on investable balances will be based on a rate of 75 basis points below the average U.S. Government Treasury Bills for the prior 4 week period.  Credits earned may only be used to offset activity charges.  Early termination fee of $50 if account is closed in first 90 days.  If a business wishes to have multiple accounts treated as one for service charge purposes, it may be arranged upon request.  Analysis fees are assessed as of statement cycle date except for accounts on group analysis or special exceptions. ⁸ Government regulations limit availability of interest-bearing checking to certain categories of businesses.