Business Savings Account: Earn* 1.5%Business Advantage Account (BAA) is a high-interest* investment account designed as the ideal complement to a traditional operating account. This account can be used by a broad range of incorporated and unincorporated organizations such as small businesses, charitable organizations, associations, unions and clubs. BAA also works well as a trust account, providing security, accessibility and growth for money held in trust. Account holders can simply transfer or deposit excess cash into their BAA, earn a high rate of interest and then easily access the cash again when they need it. This allows the excess cash to earn a high rate of interest without requiring the owner to manage T-bills or buy Money Market funds. *The variable annual interest rate is applied to all funds in the account. Interest is calculated daily on the total daily balance and paid monthly. Rate is subject to change. |
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