Provident Bank Of New Jersey

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BUSINESS ADVANTAGE

SAVINGS

  Business Savings Accounts  



Savings

Business Savings Accounts

Business Savings Account
Earn interest at a competitive rate on your firm's excess funds. With this account, you need only maintain an average monthly balance of $250 and there is no service charge. You have the choice of maintaining your funds in a passbook or statement savings account. Interest on either account is compounded daily and credited monthly.

Business Money Market Account
Earn interest at market rates, while you enjoy complete liquidity and FDIC insurance. Check writing ability is limited. You simply maintain an average monthly balance of $1,000 or more, and there will be no service charge.*

Term Savings

Earn high interest rates with a variety of maturity terms. Choose the terms that your business needs dictate: from 6 months to 10 years. Interest is compounded daily and credited monthly.

IRA & Keogh Accounts

A variety of FDIC insured deposit accounts are available for your IRA/Keogh funds. Choose the liquidity of a Provident Savings or Money Market account or select a high interest rate Certificate of Deposit with terms ranging from 6 months to 10 years.


*Money Market Account Transaction Limitations: We will pay up to three (3) checks per statement cycle on your account. The minimum amount for which you may write a check is $500. You may make six (6) pre-authorized transfers from your account each month, but only three (3) may be payments by check to third parties.


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