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 funds.
FEATURES & PRICING
- $100 minimum to open
- $250 minimum daily balance to avoid $2.00 minimum balance fee
- Interest is compounded daily and credited monthly
- E- Statements or statements mailed monthly or combined with your Checking statement
- Business Mastercard® Debit Card
- 35,000 surcharge Free ATMs Nationwide
- Online Banking
- Mobile 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.
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.
- Night depository available at all branch locations
- Business Mastercard® Debit Card
- 35,000 surcharge Free ATMs Nationwide
- Online Banking
- Mobile Banking
- View Rates
| MINIMUM REQUIRED TO OPEN ACCOUNT | MINIMUM REQUIRED TO AVOID MONTHLY SERVICE CHARGE | MINIMUM TO EARN INTEREST |
|---|---|---|
| $2,500 | $2,500.00 to avoid $5.00 monthly service charge | $2,500.00 |
Business Certificates of Deposit CDs
CDs safely preserve principal while earning a higher rate of interest. Rondout Savings Bank Certificate of Deposit (CD) accounts are a safe and secure way of earning higher interest rates on funds.
FEATURES & PRICING
- Terms for CDs range from 3 Months to 5 Years
- Open a CD account today for as little as $500.
- A penalty will be assessed for early withdrawals.
- Interest is compounded daily and credited monthly
- Interest can be capitalized, issued as a check or transferred to another account.
- Online Banking
- Mobile Banking
- View Rates