Business Savings/Investments

Business Prime Account

A competitive rate of interest is earned on your average daily balance as follows:

EFFECTIVE December 20, 2018

TIER 1- Balances $34,999.99 or less will be paid .10% with an annual percentage yield of .10%
TIER 2- Balances $35,000.00 and greater will be paid 20% of New York Prime for the portion of your average balance that is $35,000 or greater.  The annual percentage yield for this tier will range from .10% to 1.11% depending on the balance in the account.  The portion of the balance below $35,000 will earn interest at the tier 1 rate.

Prime Interest is compounded monthly and will be paid on the account every month.

Transactions and Fees:

Six debit transactions per statement cycle
Unlimited transactions in person
$10.00 per item charge for additional transfers and checks.

Balance and Deposit Requirements:

A $10.00 service charge if your average daily balance falls below $1000.00.
A minimum initial deposit of $2500.00 to establish relationship.

XBA Financial ServicesGadsden Mortgage Services
Regular Office Hours: 256.547.2572 | Exchange Info Line 256.570.0999
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