Interest Bearing Accounts

IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT

To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institution to obtain, verify, and record information that identifies each person who opens an account.

What this means for you: When you come to the bank to open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We will also ask to see your driver’s license or other identifying documents.

Certification of Beneficial Owners of Legal Entities Form


For a complete list of documentation necessary from the customer to open Business Accounts, please click here.


Savings Account*

  • Minimum to open: $300.00
  • Quarterly minimum balance fee:
    • Minimum balance $300 and over: No fee
    • Minimum balance under $300: $7.50 fee per quarter
  • No withdrawal limits
  • Interest Computation: Interest is credited to the account quarterly. The interest rate is variable and subject to change without notice. We use the daily balance method to calculate interest: Interest begins to accrue on the business day you deposit cash or non-cash items (checks, for example).

NOW Business* (Sole Proprietorship and Non-Profit Organizations only)

  • Minimum to open: $1,500.00
  • Unlimited check writing
  • Monthly balance fee:
    • Minimum balance $1,500 and over: No fee
    • Minimum balance under $1,500: $10.00 fee    (In addition, no daily interest is accrued.)

IOLTA Accounts* (Attorneys Only)

  • Minimum to open: $1,500.00
  • Unlimited Check writing
  • Monthly balance fee: None
  • Minimum balance under $1,500: No accrued interest 
  • Accrued Interest is sent to Texas Equal Access to Justice Foundation in Austin, Texas

Money Market Business*

  • Minimum to open: $2,500.00
  • Tiered Rate Account
  • Minimum balance fee:
    • Minimum balance $2,500 and over: No fee
    • Minimum balance under $2,500: $10.00 fee  (Also, no daily interest is accrued.)
  • No withdrawal limits
  • Interest Computation: Interest is credited to the account monthly. The interest rate is variable and subject to change without notice. We use the daily balance method to calculate interest: Interest begins to accrue on the business day you deposit cash or non-cash items (checks, for example).

Maximizer Money Market Business

  • Minimum to open: $2,500.00
  • Tiered Rate Account
  • Basic Online Business Banking
  • Minimum balance fee:
    • Minimum balance $2,500.00 and over: No fee    
    • Minimum balance under $2,500.00: $25.00 fee
    • No daily accrual on balances less than $2,500.00
  • No withdrawal limits
  • Interest Computation: Interest is credited to the account monthly. The interest rate is variable and subject to change without notice. We use the daily balance method to calculate interest: Interest begins to accrue on the business day you deposit cash or non-cash items (checks, for example).

Call 409-763-1271 for current rate information.

* Free 24-hour telephone banking