Business Savings, Money Market & CD's
At Bank of Southern California, we offer a full suite of interest-bearing savings accounts to put your money to work for you.
| Business Savings | |
| Our Business Savings account is a safe, secure way to build capital. | |
| Account Benefits: |
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| Minimum Opening Deposit: | $100.00 |
| Monthly Service Fee: | The $5.00 monthly service fee is waived with a minimum daily balance of $500.00. |
| Transaction Limits | N/A |
| Business Money Market | |
| Our Business Money Market provides all-sized businesses with a convenient investment account, providing immediate access to your money and check-writing capabilities while allowing you to earn interest on your balances. | |
| Account Benefits: | Earn tiered interest rates based on balances |
| Minimum Opening Deposit: | $5,000.00 |
| Monthly Service Fee: | The $10.00 monthly service fee is waived when you: Maintain a minimum daily balance of $5,000.00 -or- Maintain an average monthly balance of $10,000.00 |
| Transaction Limits | Maximum of six withdrawals and transfers per month |
| Certificates of Deposit | |
| Our Certificates of Deposit (CDs) may be the best choice for you if you have cash reserves that you do not need to draw on in the near future. CDs require a minimum deposit of $1,000.00, and have maturities ranging from 60 days to 5 years that earn a competitive interest rate. Rates are based on deposit amount and time invested, often with higher rates available for longer terms. | |
| Minimum Opening Balance | $1,000.00 |
| Early Withdrawal Penalty |
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For more information on how Bank of Southern California can help your business with all of its deposit accounts, please contact us or visit one of our locations.
