Business Banking

Business Savings

Solera National Bank offers twp interest-bearing savings accounts for businesses.

Foundation Savings Account

You'll earn interest on excess funds while keeping your money safe as well as accessible in a Foundation Savings account.

Milestone Money Market

Do you typically maintain a higher balance? If so, open a Milestone Money Market account to keep your funds secure and within easy reach. With this account, the higher your account balance, the higher your interest rate.

Product	Foundation Savings Account
Description	Keeps your savings safe and pays interest on those excess funds.
Minimum Deposit to Open Account	$50.00
Minimum Balance to Avoid Basic Fee	$100.00
Basic Monthly Fee	$5.00 quarterly service charge
Other Account Provisions	Deposit up to 20 items per month at no charge. A $0.15 fee is charged for each deposited item in excess of 20. Each withdrawal/transfer in excess of six per calendar month will be assessed a $10.00 fee. There is a fee of $1.00 for each withdrawal and/or transfer in excess of six per quarterly statement cycle.
How Interest is Paid	Quarterly*
ATM Card or Debit Card	ATM Card
Overdraft Protection	Not Applicable
Additional Features	Free ATM card. Solera National Bank will not charge an ATM withdrawal fee at machines not operated by our bank. Withdrawals and transfers to another account you own at our bank or to third parties by preauthorized, automatic, or telephone transfer, check, draft, debit card, or similar order to third parties, are limited to six per month. You may make unlimited withdrawals in person, by mail, by messenger, or by ATM. Dormant/inactive service charge fee of $15.00 per quarter is applied to accounts with a balance of $100.00 or less and no activity for 6 consecutive months. No fee for check cashing. Must meet account balance requirements.
*Interest, which accrues on the daily balance, is paid as a credit to your account balance on the quarterly statement cycle date. The quarterly statement cycle dates are the last business days of March, June, September, and December. We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day. Interest begins accruing on the business day you deposit non-cash items (for example, checks). If you close your account before interest is credited you will not receive the accrued interest.

Product	Milestone Money Market
Description	A secure account that gives you ready access to your funds. Interest rates are tiered, so the higher your balance, the higher your interest rate.
Minimum Deposit to Open Account	$1,000.00
Minimum Balance to Avoid Basic Fee	$1,000.00
Basic Monthly Fee	$10.00
Other Account Provisions	Deposit up to 20 items per month at no charge. A $0.15 fee is charged for each deposited item in excess of 20. Each withdrawal/transfer in excess of six per calendar month will be assessed a $10.00 fee.
How Interest is Paid	Monthly
ATM Card or Debit Card	Debit Card
Overdraft Protection	No
Additional Features	Free ATM card. Solera National Bank will not charge an ATM withdrawal fee at machines not operated by our bank. Withdrawals and transfers to another account you own at our bank or to third parties by preauthorized, automatic, or telephone transfer, check, draft, debit card, or similar order to third parties, are limited to six per statement cycle. You may make unlimited withdrawals in person, by mail, by messenger, or by ATM. Dormant/inactive service charge fee of $15.00 per month is applied to accounts with a balance of $100.00 or less and no activity for 6 consecutive months.
**The daily balance method is used to calculate the interest on your account: Interest begins to accrue on the business day you deposit non-cash items (for example, checks). If you close your account before interest is credited, you will not receive the accrued interest. Ask your service representative about current interest rates and tiers.