Understanding your Business Accounts and other Services

For Professionals, Corporations, Partnership and Sole-Proprietors

We at Fidelity Savings hope that you will begin a banking relationship with us. You will always be a valued client and we would be happy to personally assist you with other financial needs. Our Officers and Staff promise to constantly strive to earn your continued confidence in allowing us to serve as your financial institution. If you are pleased with our service, we would greatly appreciate it if you would recommend us to your family, friends and associates. Please free to call upon our Officers and Staff at anytime when we can be of further assistance.

Business Deposit Products

This is how Fidelity Savings’ BusinessLink™ Checking Accounts can work for your business – and we mean business!

BusinessLink Checking Accounts have been designed with a Link to products and services to give you flexibility, convenience and profit when handling your finances. After you open your account, choose from the list of products and services and then Link with Fidelity Savings to help you work your financial details. Then do what you do best – work your business.

BusinessLink Passbook and Statement Savings Accounts are tried and proven ways to regularly save for a specific purpose. Deposit any amount at any time. As your business changes so does your goals – and flexibility is key. Let these accounts be your company’s Goal Getter Accounts, which can be set to automatically transfer funds from your BusinessLink Checking Account to accumulate your short-term funds for specific goals. These FDIC Insured accounts are popular with business persons to accumulate readily available liquidity for short-term needs.

BusinessLink Money Market Deposit Accounts (MMDAs) – These working accounts offer short-term liquidity with higher tiered rates and a low opening balance. And remember that your funds are FDIC Insured. Banking regulations permit MMDAs ownership by individuals, sole proprietorships, partnerships, and for-profit and not-for-profit corporations, and are deemed savings accounts NOT checking accounts. Therefore, Fidelity Savings offers the maximum access to your account as allowed by law. Transfers from a MMDA to another Fidelity Savings’ account or to third parties by pre-authorized, automatic, or telephone transfer are limited to six (6) per monthly period with no more than three (3) by check or similar order to third parties.

BusinessLink Certificates of Deposit (CDs) are available at various rates (higher than standard savings accounts) and maturities to effectively plan your future cash flow needs. CDs give you the flexibility tochoose a term and a yield to meet your financial plans and are FDIC Insured, with no commissions, management fees or loads, All your money works for you all the time – it’s guaranteed!

BUSINESS LENDING PRODUCTS

Business Loans - inventory, equipment, capital improvement, expansion, cars, and real estate are necessities you might require and can obtain with the qualifying collateral and credit documentation. Call our Loan Officers at 215-788-0448 for a personal appointment to ask about rates, terms, requirements and how Fidelity Savings can work with you. Let us show you how we can make a difference!

OTHER BUSINESS SERVICES

Do you have all these convenient services connected to your Fidelity Savings’ BusinessLink checking account? Kindly consider these profitable business services.

AccountLink™ Telephone Banking is available toll free 24 hours a day and provides you with a convenient way to obtain a variety of account information from your touch-tone telephone by call 1-877-788-0448. You can obtain available account balance information that you have linked with us, posting of checks, deposits and other transactions. You can also transfer funds between accounts and obtain information about our current rates, products and services. We would appreciate the opportunity to present you with complete information about this service.

Overnight Depository, located at 201 Pond Street at Market, is available for your convenience after business hours. Bright lights at the drive-up, a key and a secure deposit bag are provided for your protection. Verification of deposits is sent through the mail.

Overdraft Protection offers automatic protection against the possibility of having insufficient funds and incurring an expensive fee. It could happen…and you’re protected with a linked statement account.

Tax Depositary Payments can be withdrawn from a checking account to make your Federal Tax deposit. All you need to do is bring your tax deposit coupon.

Visa® Check Card is a convenient and good business companion when your business takes you on the road in pursuit of business opportunities. These cards can be issued on a designated account to control and restrict funds availability. Use your VISA Check Card instead of cash or checks to pay for purchases worldwide. Transactions are automatically deducted from your designated checking account. Just remember to save your receipt and upon your return deduct the purchases on your check register. Your monthly detailed statement will itemize your expenditures and purchases. The merchant name, date and purchase/return amount will be shown. You can also review your transactions via Fidelity Savings’ AccountLink Telephone Banking by calling 1-877-788-0448 toll free. Remember to get more done in less time, hand your card to the cashier or swipe your VISA card and select “Credit”. Then sign the receipt and be on your way.

Coin and Currency Services can be supplied for cash-basis businesses.

Detailed Month-End Statements show account activity to as many linked statement accounts as you need to operate your business and can be added at any time.

Retirement Plans for business and individuals are available. Simplified Employee Pensions (SEP), Savings Incentive Match Plan for Employees (SIMPLE) and Individual Retirement Accounts (IRAs) can be linked to your business statement account. Ask us for a detailed brochure and/or ask us to stop by your office to discuss your retirement account needs.

Merchant Servicesoffer payment processing, including credit card and debit cards issued by every major credit card company. When your business accepts payment for goods or services other than cash and checks, this service is a business necessity.

Our Business specialists have a proven track record to assist you, our client, with details and answers to your questions and we can also make a free comparison of your current bank’s charges with ours – comparison proves. Call us at 215-788-0448 and Let Us Show You How We Can Improve Your Finances!