Business Deposit Products
Business Savings & Money Market Accounts
Products
Statement Savings1
Money Market1
Account Overview
A simple savings account great for those just starting to save, or set aside funds for unexpected purchases.
Keep the flexibility of checkbook access while earning a variable interest rate based on balance.
Minimum Opening Balance
$50
$1,000
Minimum Balance Required to Avoid Service Charge
$100
$1,000
Interest Paid
Interest compounds daily and is credited monthly.
Interest compounds daily and is credited monthly.
Maximum Monthly Withdrawals to avoid fee2
N/A
6
Excess Withdrawal Fees
None
$7.50 per item
Monthly Fee
$3.00 if balance falls below $100 minimum
$5.00, plus $0.25 per check and withdrawal fee if balance falls below $1,000 minimum
Business Online Banking Available3
Yes
Yes
Online
Bill Pay Available3
Yes
Yes
Remote
Deposit Capture Available3,4
Yes
Yes
Advantages
Account can be attached to checking for overdraft protection.
Account can be attached to checking for overdraft protection.
Products
Account Overview
Statement Savings1
A simple savings account great for those just starting to save, or set aside funds for unexpected purchases.
Money Market1
Keep the flexibility of checkbook access while earning a variable interest rate based on balance.
Products
Minimum Opening Balance
Statement Savings1
$50
Money Market1
$1,000
Products
Minimum Balance Required to Avoid Service Charge
Statement Savings1
$100
Money Market1
$1,000
Products
Interest Paid
Statement Savings1
Interest compounds daily and is credited monthly.
Money Market1
Interest compounds daily and is credited monthly.
Products
Maximum Monthly Withdrawals to avoid fee2
Statement Savings1
N/A
Money Market1
6
Products
Excess Withdrawal Fees
Statement Savings1
None
Money Market1
$7.50 per item
Products
Monthly Fee
Statement Savings1
$3.00 if balance falls below $100 minimum
Money Market1
$5.00, plus $0.25 per check and withdrawal fee if balance falls below $1,000 minimum
Products
Business Online Banking Available3
Statement Savings1
Yes
Money Market1
Yes
Products
Online
Bill Pay Available3
Statement Savings1
Yes
Money Market1
Yes
Products
Remote
Deposit Capture Available3,4
Statement Savings1
Yes
Money Market1
Yes
Products
Advantages
Statement Savings1
Account can be attached to checking for overdraft protection.
Money Market1
Account can be attached to checking for overdraft protection.
(1) Ixonia Bank limits preauthorized and/or automatic transfers (including telephone and Internet Banking transfers) and withdrawals (check, draft, debit card or similar order) to six per month. Each debit in excess of regulatory limitations may result in a charge of $7.50/item. You may make unlimited “in person” or ATM withdrawals.
(2) Withdrawals, also known as Debits include: checks, withdrawals, electronic and ACH transfers, and Debit Card transactions.
(3) See a Universal Banker for more details.
(4) Additional charges apply.
Rates may change after the account is opened for variable rate accounts. Fees imposed could reduce the earnings on accounts. Ask us for other applicable fees, terms and additional details.
