Let us assist you in selecting the business savings plan that puts your idle cash to work for you. A Customer Service Representative at one of our branches can discuss the most appropriate savings plan for you and your business.
Statement Savings Account
Our Statement Savings Account provides a basic savings plan with added flexibility. Enjoy the convenience of unlimited ATM activity. Access your account through Mars Bank Online and Service Plus 24-hour Touch-Tone Telephone Banking. You may make unlimited transfers into your account and up to six electronic transfers out of your account per statement cycle.
Insured Money Market Account:
A savings account where you can invest your idle funds and still have convenient access to them in person, by phone by ATM (sole proprietors only) or even by check. Interest Rates are based on market rates with successively higher rates paid for higher deposits. Interest is compounded daily and credited monthly. A minimum balance is required to avoid a monthly service charge.
Passbook Savings Account:
This account is for customers age 16 and under just getting started that do not require access to their funds electronically or by check. With no minimum balance requirements, the Passbook Savings Account is a great way to keep your money working for you. Interest is earned from the day of deposit to the day of withdrawal. When presenting your passbook, you may make unlimited withdrawals and deposits without fees.
Time Certificates of Deposit:
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For the business investor who requires less frequent access to their funds than from a savings account. Time Certificates of Deposit are available in terms ranging from one month to five years. Interest earned on CD's can be compounded or paid to you at regular intervals via check or direct deposit to your checking or savings account.