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Business Checking Whether you are a small business with limited transactions or a large corporation with significant check writing and deposit activity, a South Georgia Banking Company Business Checking account can offer you features and fees to suit your business. Features include payroll direct deposit, Internet Banking Cash Management, and night depository service. A Customer Service Representative will be glad to discuss which account best suits your needs. Business Savings South Georgia Banking Company offers an interest bearing savings account to enable our customers to save, and at the same time, have easy access to their money. Saving for the future is made easy with an automatic transfer from your checking to your savings account. Open this account with a minimum deposit of $50.00. Six free withdrawals can be made during each quarterly statement period; additional withdrawals are $2.50 each. The interest rate and annual percentage yield is subject to change at the bank's discretion. Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items. Interest will be compounded quarterly and will be credited to the account quarterly. If you close the account before interest is credited, you will not receive the accrued interest. Merchant Processing Your customers will appreciate being able to pay using their debit or credit card. Using South Georgia Banking Company’s Merchant Processing, retail merchants are able to process credit and debit card transactions with Visa, MasterCard, Discover and American Express. Please call our representative for details concerning discount rates, machine rental and setup. Certificates of Deposit For longer term investments with higher yields a South Georgia Banking Company Certificate of Deposit is your answer. Minimum deposit is $1000.00 and maturities range from 90 days to 3 years. Rates vary according to the terms selected, and you choose when interest is paid: monthly, quarterly, semi-annually, annually or at maturity. Certificates of Deposit are subject to a penalty for early withdrawal. |
