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Business Banking Savings

MAX Savings

Only Darien Rowayton Bank is flexible enough to offer you a Savings Account with CD-like rates.

  • Minimum balance of $500
  • For current rate see business banking rate sheet
  • Ability to make transfers between your Checking and MAX Accounts
  • FDIC insured

Money Market Savings

Darien Rowayton Bank offers attractive money market options. These accounts pay higher interest rates than traditional business savings vehicles.

Our tiered rate structure rewards customers with higher rates for higher balances. The rate is variable in accordance with market conditions; see business banking rate sheet

Balance tiers are determined as below. For more information contact a Bank representative.

Tier Balance
Tier l $1000 to $49,999
Tier ll $50,000 to $99,999
Tier lll $100,000 to $999,999
Tier lV $1,000,000 and over

 

Account Features

  • Interest is accrued daily and credited monthly
  • Account information can be accessed via 24-hour telephone and online banking
  • No maintenance fees on accounts that maintain a $1,000 average monthly balance; on balances that fall below $1,000, a $10.00 monthly fee is applied

Business Savings

Our business savings accounts allow customers to earn interest yet maintain ready cash for unplanned purchases or investments. Product features include:

  • Variable interest rates; see business banking rate sheet
  • $100 minimum balance to open an account
  • Free ATM card with no charge for transactions at Darien Rowayon Bank ATMs
  • Up to $25 in terminal fees rebated for ATM withdrawals at other banks
  • A $7.50 monthly maintenance fee is applied to accounts where average monthly balances fall below $1,000
  • Interest is accrued daily and credited monthly
  • Account information is available via 24-hour telephone and online banking

 

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Darien Rowayton Bank is FDIC-insured and is an Equal Housing Lender Copyright © 2008. All Rights Reserved.