Business Savings

Safely put away money for the future while earning interest.

Business
Savings

features 
  • Open with $500 deposit 
  • No monthly maintenance fee with a minimum daily balance of $500
  • Two withdrawals per statement cycle
More details

Money
Market 

FEATURES 
  • Open with $1,000 deposit
  • Tiered interest rates based on account balance
  • No monthly maintenance fee with

    $1,000 minimum daily balance

More details

 Certificates of deposit

FEATURES 
  • Open with $500 deposit
  • Interest rates based on account

    balance and term


More details

Insured cash sweep

With an Insured Cash Sweep (ICS®) account, your organization can  access up to $50 million in FDIC protection through your banking relationship with North State Bank. 
More details

Safely put away money for the future while earning interest.

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business savings   money market    certificates of deposit (CD) Insured Cash sweep (ICS)
Minimum Opening Deposit  $500 $1,000 $500 N/A
Interest 
(Compounded daily, paid and reported per statement cycle)
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Tiered based on account balance 
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Based on account balance and term
Accrued and compounded daily using a daily rate based on balance
Monthly Maintenance Fee  $0 or $41 $0 or 61 _ -
Balance Requirement to Avoid Monthly Fee  $500 $1,000 _ -
Number of Withdrawals Per Statement Cycle at No Charge 
2

_ 6 for savings and money markets 
Fee Per Excess Withdrawal $3 $5 Penalties may apply -
Electronic or Paper Statement at No Charge table checkmark table checkmark  Paper maturity and renewal notices table checkmark

1Monthly maintenance fee waived when minimum account balance requirement is met.