Hanmi Savings

A basic business savings account is ideal

if you are starting a savings program

A basic business savings account is ideal if you are starting a savings program.
Minimum Balance to Open the Account:
Monthly Maintenance Fee:
None if minimum balance requirement is met; otherwise $5
Minimum Balance Requirement:
$500 minimum daily balance for any day of the statement cycle
Transaction Fees and Limitations:
Transfers to other accounts or to third parties by pre-authorized, automatic, telephone or computer transfers are limited to six (6) per month.
Interest Compounding and Crediting Frequency:
Interest will be compounded daily and credited to the account quarterly
Daily Balance Computation Method:
We use the daily balance method to calculate interest on the account. This method applies a daily periodic rate to the principal in the account each day.
Minimum Requirements to receive the above benefits:
Additional Benefits:
Effect of Closing an Account:
If you close your account before interest is credited, you will not receive the accrued interest.
Savings Overdraft Protection:
This service is available to account holders who have a regular savings account and a checking account. Owners of both accounts must be the same. When your checking account balance falls below zero, we automatically transfer from your savings account to your checking account in increments of $100. For each transfer, we charge $5 Savings Overdraft Protection transfer fee to your linked checking account. Each transfer counts as one of the six limited transactions you are allowed each month from your savings account. We will cancel Savings Overdraft Protection if you close your checking or savings account.  CLOSING YOUR ACCOUNT - Any authorized signer(s) may close your account at any time, with or without cause.  We are not required to provide notice of such closure to other authorized signers on the account.  We may automatically close your account if the account balance is zero.
Special benefits:
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