Business Services

Savings

Corporate Daily Access Savings Account

Managing your company's cash flow is made easy with Dime's Corporate Daily Access Savings Account. Through your DimeOnLine account, you will be able to transfer funds from your savings to checking 24/7. Maximize your return on savings while ensuring adequate funds in your Business DDA to cover daily expenses by opening a Corporate Daily Access Savings Account today.

Rate of interest is determined by account balance. Rate is variable and based on daily Fed Funds Rate. Please contact us for current rate and balance information. $500.00 minimum deposit to open account.

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Certificates of Deposit

Certificates of Deposit are available with maturities from 30 days up to 5 years. Based on your needs, you may choose any maturity date within that range. Minimum deposit to open $500.00.

Maturities:

• 30 days: simple interest, credited monthly
• 91 days through 5 years: interest compounded continuously, credited monthly

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Interest-Deferred Certificate of Deposit

Interest payments will be deferred until maturity.

Maturities:

• 6 month: simple interest, paid at maturity
• 1 year: simple interest, paid at maturity

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Simplified Employee Pension (SEP) Plans

With an SEP, self-employed individuals, small businesses and corporations can set up a tax-sheltered retirement plan. Funds can be put into a Certificate of Deposit, Money Market Savings or Savings Account. For more details, see the Deposit Rate sheet.

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For more information about Business Services, contact Joan Nagle, Vice President.

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