Checking & Savings

Business Savings Accounts

Far East National Bank offers great savings plans for cash you need on hand with interest earnings.

Savings Account Rates

Savings Account Comparison

Account Type	Business Savings	FENB Premium Business Savings1	Corporate Tiered Money Market
Bank the way you want to...	A great start for a savings program with a low minimum opening deposit and low balance requirement.	A business savings account with high interest rates.	A business savings account with check writing privileges.
Minimum opening deposit	$200	$10,000	$5,000
Interest calculation	• Compounded daily • Variable tiered rates	• Compounded daily • Interest credited monthly • Variable tiered rates	• Compounded daily • Interest credited monthly • Variable tiered rates
Minimum daily balance to avoid monthly service charge	$200	$10,000	$5,000
Service charge	$3 per quarter	$15 per month	$10 per month
Per item fee	An excess withdrawal fee of $1.50 will be charged for each withdrawal in excess of three during a quarter if the daily minimum balance in your account is less than $1,000. A per item fee of $10 will be charged for each debit transaction in excess of six during a month.2	An excess withdrawal fee of $1.50 will be charged for each withdrawal in excess of three during a month. This fee will apply if the daily balance falls below $10,000 during the month. A per item fee of $10 will be charged for each debit transaction in excess of six during a monthly statement cycle.2	A per item fee of $10 will be charged for each debit transaction in excess of six during a monthly statement cycle.3
Statement	Quarterly	Monthly	Monthly
Outstanding features	• Low minimum balance requirement • Low opening deposit requirement • Free eBanking access	• Free first order of "Classic® 50" checks1 • Free billpay1	• High interest rates at high balance tiers with easy access and liquidity • Variable-rate account with limited check writing
1. A Business Checking Account with a minimum opening deposit of $500 is required to open an FENB Premium Business Savings Account. 2.Transfers from a Business Savings account or FENB Premium Business Savings Account to another account or to third parties by preauthorized, automatic, telephone, or computer transfer are limited to six per month with no transfers by check, draft, debit card or similar order to third parties. If the account exceeds the stated transaction limitations, regulations require that the account be closed or converted to a checking account. 3.Transfers from a Corporate Tiered Money Market account to third parties by preauthorized, automatic, telephone, or computer transfer are limited to six per monthly statement cycle. If the account exceeds the stated transaction limitations, regulations require that the account be closed or converted to a checking account.

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