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In celebration of the holiday, all of our financial centers and offices will close at 1pm on Tuesday, December 24th and will remain closed Wednesday, December 25th. Our ATMs, Online & Mobile banking are always available, get started here.

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Savings

Planning well means saving and investing for the future of your business. Ledyard offers a variety of ways to help you do that.

 
BUSINESS STATEMENT SAVINGS ACCOUNT

Interest is earned on the entire balance as long as a $250.00 daily balance is maintained. 


Open Business Statement Savings
 

 

BUSINESS MONEY MARKET ACCOUNT

Interest is earned on the entire balance as long as a $1,500.00 daily balance is maintained. With tiered interest rates, the interest earned in your Money Market account may increase as your balance increases. 

 
  Business Statement Savings  Business Money Market
Minimum Balance $10.00 required to open account $1,500.00 required to open account
Monthly Maintenance Fee $4.00 if balance falls below $250.00 any day of the monthly statement cycle $10.00 if balance falls below $1,500.00 any day of the monthly statement cycle
Deposit Fee No No
Items Deposited Fee No No
Check Paid Fee/Withdrawal Charge No Unlimited in-person and ATM withdrawals
Interest Paid Yes, a minimum balance of $250.00 in the account each day is required to earn interest Yes, a minimum balance of $1,500.00 in the account each day is required to earn interest
Earning Credit No No
Statements Free eStatement, $3.00 monthly Paper Statement Fee Free eStatement, $3.00 monthly Paper Statement Fee
 
 

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