Business Savings Accounts
Features |
Diamond
|
DiamondSavings |
BusinessMoney Market |
|---|---|---|---|
MinimumOpening Deposit |
$100 | $100 | $1,000 |
Interest Rate |
.25% APY**
(Balances up to $100,000)
|
.15% APY |
Tiered Rates
Based on Balance
|
Requirements |
To Receive Interest Rate:
• Enroll & Receive eStatements
|
Minimum Balance:
• $10 monthly service fee if balance falls below $1,000
|
|
Limited Withdrawals |
• 6 withdrawals per calendar month
• $.50 fee for each additional withdrawal*
|
• 6 withdrawals per quarter
• $.50 fee for each additional withdrawal*
|
• 6 withdrawals per calendar month
• $.50 fee for each additional withdrawal*
|
Free Account Features:
eStatements
Online Banking
Mobile Banking
Unlimited Bill Pay
Instant-Issue ATM/Debit Mastercard®
Bank to Bank Transfers
Person to Person Pay
Mobile Deposit
Additional Information
• Diamond Bank may change the interest rate & Annual Percentage Yield (APY) at any time.
• Rates are effective as of 3/27/2024
• Fees may reduce earnings.
Contact your local branch for the most current rate information.
(APY) Annual Percentage Yield
*Effective January 1, 2025, the Excessive Withdrawal Fee will increase to $2.00 from $.50 per debit transaction over six per month in Emerald Money Market and six per quarter for Diamond Savings.
Diamond Super Savings
** .25% APY on balances up to $100,000
.15% APY on the portion of the balance over $100,000
.10% APY paid on the entire balance when requirements are not met.