Please review the Terms and Conditions information in our branch for full details on Ventura Community Bank, a division of Ojai Community Bank, products and services.
BUSINESS SAVINGS
CDs
Business Savings
Business Money Market
Business Certificates of Deposit
Description
Convenient savings for all size businesses
A tiered interest savings account for all size businesses.
Perfect for businesses needing variable term lengths and fixed interest rates
Features
Interest
bearing account
Unlimited withdrawals
in-person (1)
Can be linked to checking for overdraft protection
Quarterly statement
Variable: based on daily balance and current rate.
Earns Money Market tiered interest rates
Competitive fixed interest rate (3)
Minimum Opening Deposit
$100
$100
$500
Minimum to Waive Fee
Maintenance fee waived with $100 daily balance
Maintenance fee waived with $2,500 daily balance
N/A
Online Banking
FREE
FREE
N/A
1. Withdrawls are unlimited in person, but may not exceed six preauthorized, automatic, wire, telephone or computer transfer per monthly statement cycle.
2. Additions permitted (2 years or less maturities) Issued for a period as short as 30 days and as long as 60 months. Automatically renewable.
3. Penalties may be assessed if any principal is withdrawn prior to the maturity date. The amount of the early withdrawl penalty is based on the term of the account. (see fee schedule for details) Exceptions may also apply if this is part of an IRA or other tax-deferred savings plan.