Opening a Business Savings Account with Petefish Skiles & Co Bank is an easy, convenient way to earn interest on unused balances while maintaining daily liquidity.
We offer business options for savings accounts:
Business Savings Account
This is a basic savings account with a minimum balance of just $50. The interest rate is variable and at the discretion of the bank. Interest accrues daily and is paid to the account quarterly. A $5.00 fee will be imposed each statement cycle that the average minimum balance falls below $50.00
Business Money Market
Investors Fund Account
A minimum deposit of $1000 is required to open this account that will accrue interest daily on the current balance. The interest rate and annual percentage yield may change and is at the discretion of the bank. Interest will be compounded and credited to your account every quarter. A service charge of $5 will be imposed each quarterly statement cycle if the balance falls below $1000 any day of the cycle.
*See Checking Savings Rate page for current rates
Investor Elite Money Market
A minimum deposit of $10,000 is required to open this account and qualify for the stated rate. A $10 fee is imposed each statement cycle that the balance falls below the minimum on any day during the cycle. The interest rate and annual percentage yield may change at the discretion of the bank. Interest will be compounded and credited to the account monthly. A service charge of $10 will be imposed each monthly statement cycle if the balance in the account falls below $10,000 any day of the cycle.
*See Checking Savings Rate page for current rates.