Champlain National Bank : Business Banking : Savings Accounts

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Savings Accounts

Business Statement Savings^{1, 3}
The standard contemporary savings account. Open one up with $100 and earn interest on every dollar in your account. No service charge with a $100 minimum daily balance. We'll send you a detailed statement to help you track your finances.

• $2 monthly maintenance fee waived with $100 minimum daily balance.
• No maintenance fee NetTeller® Cash Management (Standard package).

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Business Money Market¹
The Business Money Market Account combines tiered interest rates with liquidity, flexibility and security that can really supercharge your business savings. This account features no maintenance fee, and can be opened with a minimum balance of just $1,000. The interest increases as your balance increases-the more money you have in your account the more money you earn. And, with some limited check writing options no investment gives you greater flexibility over your money.

• $1,000 minimum balance to open
• Higher tiered interest paid when your daily available balance is

•$0 - $9,999.99

•$10,000 - $49,999.99

•$50,000 and over

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• Monthly Maintenance Fee - $10

• Minimum Daily Balance Requirement to Avoid Monthly Maintenance Fee - $1,000
• No maintenance fee NetTeller® Cash Management (Standard package)

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Business Money Market Select¹
This great account allows you to reach your savings goals faster while keeping your money easily accessible. Business Money Market Select earns a superior rate plus there’s no monthly maintenance fee. The more money you have in the account the higher the interest rate.

• $10,000 minimum balance to open
• Higher tiered interest paid when your daily available balance is
•$0 - $9,999.99

•$10,000 - $24,999.99

   •$25,000 - $49,999.99
   •$50,000 - $74,999.99
   •$75,000 and over

• See rates >>
• No maintenance fee
• No maintenance fee NetTeller® Cash Management (Standard package)

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Certificate of Deposit
Certificate of Deposit is a great savings option for businesses that will not need access to their account for a predetermined amount of time. You can look forward to flexible terms, competitive rates, and security of knowing your money is FDIC insured. Champlain National Bank offers you a variety of options to suit your needs.
• No maintenance fee NetTeller® Cash Management (Standard
package)

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Investment Sweep Account²
Managing idle funds can be time-consuming, so let Champlain National Bank do it for you through its Investment Sweep Account. Champlain National Bank's investment sweep account provides the ability to earn competitive money market rates with all the benefits of a traditional checking account. Your excess funds are invested daily AUTOMATICALLY. No phone calls, no trips to the Bank, and no automated voice response systems to deal with! With Champlain National Bank's sweep account, your business checking account is linked to an outside, third party investment account which provides a variety of investment choices carrying attractive yields. You may choose from funds designed with an investment philosophy emphasizing safety, quality, stability, liquidity, and yield. Most of the funds are N.A.I.C. approved and are made up of obligations issued or guaranteed by the U.S. Government or its agencies and instrumentalities.

CDARS^®
CDARS^® is the Certificate of Deposit Account Registry Service^®. It is the easiest and most convenient way to enjoy full FDIC unsurance on deposit amounts larger than $250,000. You earn one rate, deal with one bank and receive one statement. You will be happy to discover that your deposit earns CD-level returns and that the value of your money can support local lending opportunities. CDARS can be a valuable cash management or longer-term investment tool for your business.

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¹ Federal Transaction Limits apply. Excess debit activity fee is $10.
² Please note that balances in the cash management sweep account are not FDIC insured, nor are they deposits, obligations of, or guaranteed by Champlain National Bank and are subject to investment risk, including the possible loss of principal amount invested.

³ If account is closed within less than 90 days of the opening date a fee of $25 will be assessed.

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