Commercial Savings

Dearborn Federal Savings Bank offers business savings accounts with competitive interest rates. The Commercial Statement Savings is tailored to provide maximum convenience, security, accessibility and return. It offers the benefit of EFT activity (ATM and ACH transactions), and statements are available either monthly or quarterly (based upon account activity) and can also be accessed online.

·         $25 minimum opening deposit

·         Maintain a $200 minimum daily balance to earn interest and avoid fees

·         A flat $5 quarterly service fee if the average daily balance is not attained

·         Interest compounded and paid to the account quarterly

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