|Business Savings Accounts1|
|Business Money Market||High Yield Business Money Market|
|Minimum Balance to Open||$1,000||$1,000|
|Maintenance Service Charge||$25||$0|
|Average Balance to avoid Monthly Maintenance Fee||$1,000||N/A|
|Cash Deposit Fee Waived Monthly||Cash Deposit is not permitted||Cash Deposit is not permitted|
|Average Monthly Balance to Earn Interest||$1,000||$1,000|
|No Charge||No Charge|
|Business Debit Card||N/A||N/A|
|Free Checks Pay Monthly||N/A||N/A|
|Features and Benefits||
See Account Fee Schedule for details if other fees apply.
1 Regulation D limits the number of certain types of transactions that can be made from a Savings or Money Market account to six (6) in a calendar month. $10 fee is applied to each transaction that exceeds the limited outlined by federal regulations. See your Abacus Disclosure for more information.
2 Please refer to our separate rate disclosure for current interest rate and annual percentage yield information.
How To Protect Your Account
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Chairman Thomas Sung’s Message
Abacus Bank will NEVER request through email, text, or unsolicited phone call your bank card number, account number, Social Security number, Personal Identification number (PIN) or password.