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We provide a variety of savings products for our commercial customers. These include traditional statement and passbook savings accounts, as well as high yielding certificates of deposit. All of these accounts have low opening balances and may be maintained without service charge.

Surplus funds in your non-interest checking account may be better invested in our Sweep Account. We will transfer any funds in excess of a targeted minimum balance. The amount of the target balance may be set to allow you to avoid service charges. These funds are invested on an overnight basis into an investment vehicle which permits you to earn a competitive interest rate. This sweep occurs automatically and your invested balance is detailed on both a daily confirmation notice and your monthly account statement.

Emerald Bank also offers retirement plans that may be right for you, your company and your employees. These include Individual Retirement Accounts (IRAs) and Simplified Employee Pension Plans (SEPs). These retirement plans may be tax deductible for you and your employees.

Emerald Savings Account

With a minimum balance requirement of only $100.00 to avoid a monthly service fee, these accounts are a convenient place to hold surplus business funds. This interest-bearing business savings account (Current Rate) provides you a competitive return on your dollars.
Minimum to open: $50.00
Minimum balance fee: $5.00
Must maintain minimum balance of $100.00 to avoid fee
Minimum balance to earn interest: $100.00
Simple interest accrual credited quarterly
Transaction limitations
Transfers from Savings limited to six (6) per statement cycle with no more than three (3) by check, draft or debit card
Excessive transaction fee of $1.00 for each occurrence after six (6)
Limited ATM access for this account
Forfeiture of accrued interest if account is closed before interest is credited

Certificate of Deposit (CDs)

If your business would like to lock-in an interest rate for their deposit for a specified period of time, with a minimum investment of only $500, our CD terms from 3 months to 60 months are the perfect fit. Just like our money market accounts, interest is compounded daily and paid monthly. You have the choice of reinvesting your interest back into the CD to allow for your investment to keep growing, or if you like, your interest can be transferred to another account within Emerald Bank, or a check mailed directly to your business. The method of disposition of your interest is in your control with Emerald Bank. (Check out our CD rates!)
Minimum to open: $500.00
Daily interest accrual (compounded)
No deposits allowed on this account before maturity (special promotions may have this feature)
Early withdrawal penalties apply as follows: Original term of one year or less, 90 days interest on the amount withdrawn. Original term of more than I year, 180 days interest on the amount withdrawn.
Maturity notice will be sent 30 days prior to renewal
10 calendar days grace period after maturity to change terms or close CD
*As with all tax related issues, be sure to consult with an accountant or other qualified advisor regarding eligibility and tax implications.
Emerald Bank • p: 614.793.4631 • f: 614.793.8922 • e: eblink@EmeraldBank.com
6215 Perimeter Drive • Dublin, Ohio 43017