Commercial Statement Savings offers a smart and flexible way to save for your business needs. With competitive interest rates and convenient features, it’s an ideal solution for businesses looking to grow their savings while maintaining accessibility.
Account Features
- Competitive Rate of Interest: Start earning competitive interest on your savings with as little as $100. Watch your savings balance grow over time as you earn interest on your deposited funds.
- Flexible Withdrawal Options: Enjoy the flexibility to make up to two withdrawals per statement cycle from your Commercial Statement Savings account. Additional withdrawals are available at a nominal fee per withdrawal, providing convenience while encouraging responsible saving practices.
- Convenient Deposit Options: Easily deposit funds into your account with Direct Deposit. Whether it’s payroll, vendor payments, or other sources of income, Direct Deposit ensures that your funds are deposited securely and conveniently.
- Combined Accounts Statement: Simplify your financial management with combined account statements, allowing you to view all your Uwharrie accounts in one consolidated statement for easy tracking and reconciliation.
Terms and Fees
- $4 monthly fee waived with minimum balance of $300
- $3 fee per withdrawal in excess of 2 per month (fee waived with $2,500 minimum balance)
- $0.35 per item in excess of 50 per statement cycle
- $100 minimum deposit to open
Commercial Statement Savings Rates
| Balance | Annual Percentage Rate (APR) | Annual Percentage Yield (APY) |
|---|---|---|
| $0.01 and above | 0.25% | 0.25% |
Elevate Your Banking Experience
Start saving smart with Uwharrie’s Commercial Statement Savings account.
- Competitive Interest Rates: With our Commercial Statement Savings account, you’ll earn competitive interest rates on your savings balance, helping you maximize returns on your deposited funds.
- Flexibility and Convenience: Enjoy the flexibility to make withdrawals as needed while maintaining accessibility to your savings. Plus, with convenient deposit options like Direct Deposit, managing your account is quick and hassle-free.
- Security and Protection: Benefit from FDIC insurance, ensuring that your deposits are safeguarded against unforeseen events and providing added security for your business finances.
Let’s Get Started
Experience the difference of banking with Uwharrie. Contact us at 800.438.6864 or visit one of our convenient locations to speak with one of our representatives.
*Interest is earned on the collected balance less reserves. Rates are subject to change daily. Fees may reduce earnings. Call 800.438.6864 or visit your local branch for current rates and terms.