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  You work hard for the money you earn. How hard is your money working for you? We encourage businesses to consider Business Investment Accounts as one of the easiest and most effective ways of increasing business profit potential. By investing non-working capital in an interest-bearing account, you allow your revenues to create additional income.
 
   
 


Business Market Index Account
 
$25,000 minimum opening deposit

Higher yields for higher balances - see our rates

No monthly fee with a minimum daily balance of $2,500; otherwise, $15 per month
Check writing privileges (subject to certain limitations)1
Check images returned with your monthly statement
 

Business Money Market Account
 
$2,500 minimum opening deposit

Higher yields for higher balances - see our rates

No monthly fee with a minimum daily balance of $2,500; otherwise, $15 per month
Check writing privileges (subject to certain limitations)1
Check images returned with your monthly statement
 


Business Savings
  bullet $1,000 minimum opening deposit

bullet

 No monthly fee with a minimum daily balance of $1,000; otherwise, $5 per month
bullet Transaction fees may apply2
 

Certificates of Deposit
  Our CDs offer:
 
Fixed interest – see our rates

$1,000 minimum opening deposit

Automatic renewal at maturity3
A wide choice of terms, from 60 days to 5 years
 

We also offer Jumbo CDs.


1 Transaction limits apply. Under federal regulations, six pre-authorized withdrawals are permitted per statement cycle, of which no more than three may be by check, draft or point-of-sale withdrawal.  A fee of$10 will be assessed for each check, draft or point-of-sale withdrawal in excess of three per statement cycle, and for each pre-authorized withdrawal in excess of six per statement cycle.  Continued pre-authorized withdrawals in excess of six per statement cycle will result in the account being closed.  Unlimited withdrawals are permitted in person, by mail or ATM.

2 In months that the daily balance falls below $5,000, a $2 fee is charged for each service chargeable debit transaction in excess of two per month.

3 Ten day grace period for withdrawals, deposits or changes.  Withdrawals prior to maturity are subject to an early withdrawal penalty.  Account will automatically renew for the same term at the current rate 10 days after maturity.

 
 
Check Imaging
  Hyde Park Bank Regular Checking, Payday Checking, Senior Checking, NOW Checking, Money Market and Market Index Account statements include cancelled check images, which are a legal copy of the cancelled paper check, and can be used the same way as the original check as proof of payment.

Check images are provided in check number order, eliminating the need to sort and file checks before balancing your statement. The check clearing date, check number and amount are printed below each check image for your reference. Record keeping is simplified as a result of not needing to organize and store cancelled paper checks.

Hyde Park Bank stores images of the front and back of cancelled checks for research purposes for all Checking and Money Market Account types. Contact the Bank if you need a copy of a check.