Business Partner Checking Account customers can also take advantage of American Federal’s Business Money Market Savings Account which rewards larger balances with higher interest rates as well as the following services:
- NO minimum balance requirement.
- Customers can transfer funds from their Business Partner Checking Account to maximize return.*
- Interest is earned on a tiered-level basis; larger balances earn higher interest.
- Interest is compounded and credited monthly.
- FDIC insured.
- Monthly maintenance fee is $5.
* Pre-authorized, online, automatic, and telephone (includes fax, modem, etc.) transfers and check withdrawals are limited to a combined total of up to six per month as prescribed by federal regulations governing savings accounts. Federal regulations allow up to three of these six transactions per month to be check withdrawals. If account transactions are continuously exceeded, the savings account will be closed as required by federal regulations.