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 to choose 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!
