Business Money Market
This account enables your business to earn interest while providing you limited check writing ability. There are several tiers of interest rates which increase for higher balances. No service charges are imposed provided you maintain a daily minimum balance of $2,500.
A monthly fee of $7 will be charged if the minimum balance falls below $2500.
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The Federal Deposit Insurance Corporation (FDIC) has permanently increased deposit insurance on all accounts to $250,000 per depositor.
Parke Bank Routing Number: 031207814