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Business Money Market

Daily compounding interest makes this Business Money Market Account ideal for funds management.

  • Minimum to open: $100.00.
  • Minimum balance of $5,000.00 required to avoid monthly maintenance fee of $15.00.
  • Interest accrues daily on the collected balance.
  • Interest paid monthly.
  • Accrued interest may be forfeited if account is being closed prior to date interest is scheduled to be credited to the account.
  • Interest paid on following balance tiers:
      Balances below $10,000
      Balances from $10,000 to $49,999.99
      Balances above $50,000.
  • Six transfers allowed each statement period, three of which may be checks to third parties. Unlimited transactions are allowed by mail or in person.
  • Check Safekeeping feature.

Business Savings

Frontenac’s Business Savings Account offers you a safe and secure way to earn daily for your general business savings.

  • Minimum to open: $100.00.
  • Minimum balance of $1,000.00 required to avoid quarterly maintenance fee of $6.00.
  • Interest accrues daily on the collected balance.
  • Interest paid monthly.
  • Accrued interest may be forfeited if account is being closed prior to date interest is scheduled to be credited to the account.
  • Transaction fees:
      30 free debits/checks,
      then 50˘ per debit/check
      15 free credits/deposits,
      then 50˘ per credit/deposit
      40 free deposit items,
      then 20˘ per item.
      Check Safekeeping feature.

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