Successful business relationships are built on trust and a sincere interest in providing financial solutions based on your unique business needs. As your local, community bank Foster Bank provides the individual attention not found in larger, corporate banks. Our experienced business associates are committed to building long-term relationships that help your business grow and succeed.
Savings (Statement and Passbook)
. A traditional way to save for your future and maintain availability of your funds. Set your goals and let Foster Bank help you achieve them.
$100 minimum balance to open.
$500 minimum balance to earn interest.
Interest is compounded monthly.
If the balance falls below the required minimum a $5.00 fee will be assessed per statement cycle.
A fee of $1.00 per debit in excess of six (6) per month will be assessed per statement cycle.
Earn a higher interest rate while keeping your funds liquid with a business Money Market account.
$100 minimum balance to open.
$2,500 minimum balance to earn interest.
Interest rates are tiered and compounded monthly.
If the balance falls below the required minimum a $10.00 fee will be assessed per statement cycle..
A fee of $10.00 per debit in excess of six (6) pre-authorized or automatic withdrawals per month
or three (3) checks will be assessed per statement cycle.
An enhancement to our regular Money Market account for investors looking to receive a market rate of interest and still have liquid funds. Foster Bank will reward your higher balance investment with a great rate.
$100 minimum balance to open.
$100,000 minimum balance to earn interest.
Interest rates are tiered and compounded monthly.
If the balance falls below the required minimum a $20.00 fee will be assessed per statement cycle..
A fee of $20.00 per debit in excess of six (6) pre-authorized or automatic withdrawals
per month or three (3) checks will be assessed per statement cycle.
If you are looking for a safe investment with a good rate of return, a Foster Bank CD or IRA allows you to choose a specific investment period and earn a fixed interest rate. You have the option of investing short-term or long-term, depending on your financial goals. Deposits are federally insured by the FDIC, however a penalty for the early withdrawal of funds may apply.