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Business

Savings


Enroll

Report a lost or stolen Debit/ATM Card please call 1 (844) 890-6189. | Routing #221971086 | NMLS #684320

Saturday, July 22 2017

Rondout Savings Bank offers a variety of accounts to suit your needs. Our Business Statement Savings Account and “Tiered Rate” Business Money Market Account allow you to perform deposits and withdrawals at any time, for any amount while earning interest.


If you don’t need immediate access to your funds, our Certificates of Deposits can help you earn even higher yields on your money.

Additionally, the Statement Savings Account offers a Free ATM Card, Free Online Banking and 35,000 surcharge free ATMs nationwide through the AllPoint Network and financial planning services.

Business Savings

Rondout’s Business Statement Savings Account offers low balance requirements and allows you to earn competitive rates of interest on your idle money.

Additionally, the Business Statement Savings Account offers a Free ATM Card, Free On-line Banking and 35,000 surcharge free ATMs nationwide through the AllPoint Network and financial planning services.

FEATURES & PRICING
  • $100 minimum to open
  • $250 minimum daily balance to avoid $2.00 minimum balance fee
  • Interest is compounded daily and credited monthly
  • Statements mailed monthly or combined with your Checking statement
  • ATM Card Availability
  • No fee for Using any Rondout Savings Bank ATM
  • Transfer Online Between Your Accounts at Rondout Savings Bank
  • Free Online Access
  • 24 Hour Access through AccountLink
  • Online Banking
  • View Rates

Business Money Market

Looking to put your money to work for you?

The Business Money Market account combines the benefits and stability of an interest bearing account with the convenience of check writing.

Money Market Accounts provide liquidity and higher interest for your idle funds. You can open a Business Money Market Account for as little as $2,500.00 and there are no fees provided you maintain a monthly balance of $2,500.00. These accounts are designed to help you take advantage of higher interest rates, interest is tiered so the higher your balance the higher the rate of interest.

FEATURES & PRICING
  • Minimum opening deposit is $2,500.00
  • Monthly maintenance fee of $5.00 can be avoided with a daily balance of $2,500.00 or more.
  • Interest rates are tiered.
  • Limited transactions*
  • Night depository available at all branch locations
  • Business Mastercard┬« Check Card with ATM access
  • Telephone Banking available
  • Online Banking
  • View Rates
MINIMUM REQUIRED TO OPEN ACCOUNTMINIMUM REQUIRED TO AVOID MONTHLY SERVICE CHARGEMINIMUM TO EARN INTEREST
$2,500$2,500.00 to avoid $5.00 monthly service charge$2,500.00

 

Business Certificates of Deposit CDs

CDs are an excellent way to safely preserve principal while earning a higher rate of interest. Rondout Savings Bank offers a variety of certificates designed to accommodate particular investment goals.

Rondout Savings Bank Certificate of Deposit (CD) accounts are a safe and secure way of earning higher interest rates on funds that you can set aside.

FEATURES & PRICING
  • Terms for CDs range from 3 Months to 5 Years
  • Open a CD account today for as little as $500, $2,500.00 deposit required for 3 Month term
  • A penalty will be imposed for withdrawals made before maturity in excess of interest earned
  • Interest is compounded daily and credited monthly
  • If you choose interest can be transferred to another account, issued as a check or remain in the CD.
  • Check online or by calling (845) 331-0073 for current specials
  • View Rates

Transaction Limitations: Transfers from a Money Market or Savings Account to another account at Rondout Savings Bank or to third parties by preauthorized, automatic, internet or telephone transfer (including check, draft or debit card) are limited to six per statement cycle.