THE HOMETOWN SAVINGS BANK

FDIC: FDIC-Insured - Backed by the full faith and credit of the U.S. Government
Deposit Accounts
Rates

Small Business Checking Account

  • $50.00 to open account
  • Non-interest bearing
  • No monthly service charge*
  • No monthly per-item charge*
  • Online banking & online bill pay – no charge to access.

*Accounts which clear an excess of 400 items per month will be assessed a $0.25 per-item charge, plus a $10 fee. (Items include deposits, items deposited, checks and ACH items)

Business Plus Interest Checking Account

  • $1,000.00 to open account
  • $1,000.00 minimum balance to avoid $5.00 monthly service charge
  • Interest bearing account
  • Online banking & online bill pay – no charge to access

*Accounts which clear an excess of 400 items per month will be assessed a $0.25 per-item charge, plus a $10 fee. (Items include deposits, items deposited, checks and ACH items)

Community Plus Checking

  • Available to not-for-profit organizations
  • Interest bearing account
  • No monthly service charge
  • Online banking and bill pay – no charge to access
  • Night drop services – no charge

Commercial Checking

(Our present checking account with account analysis) 
  • Please call or come into one of our banking centers to speak to an account analysis representative.

Business Money Market Account

  • $1,000.00 to open account
  • $1,000.00 minimum balance to avoid $20.00 monthly service charge
  • Interest is tiered based on account balance at the end of that month:
    • Less than $1,000.00
    • $1,000.00 - $9,999.99
    • $10,000.00 - $49,999.99
    • $50,000.00 - $99,999.99
    • $100,000.00 and up
  • Minimum amount for withdrawal is $500

Business Savings Account

  • $100.00 to open account
  • $100.00 minimum balance to avoid monthly service charge of $1.00
  • Interest compounded daily, credited quarterly

Business Savings Plus

  • $7,500.00 to open account
  • $7,500.00 minimum balance to avoid monthly service charge of $5.00
  • Interest compounded daily, credited monthly
  • Tiered interest rate:
    • Less than $7,500.00
    • $7500.00 and up