Here's a quick glance at our business savings accounts to help you decide.
| Magnolia Business Savings | Magnolia Platinum CMMA | Certificate of Deposit (CDs) | |
|---|---|---|---|
| Features |
Liquidity while earning interest | Tiered rates | Investment options |
| Monthly Maintenance Fee | $5 | $7.50* | N/A |
| Minimum Daily Balance | $300 | $2,500 | N/A |
| Minimum Opening Deposit | $100 | $2,500 | $500 |
| Interest | Compounded daily | Compounded daily | Compounded daily |
*A maintenance fee of $7.50 will be imposed every month if the daily balance on any day of the month falls below $2,500.00