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Is there a cost to the savings section of the Ideal Business® account?

Yes, activating the savings section of the Ideal Business® account has a $5 monthly fee. You can activate it by visiting one of our branches and making a deposit to the savings section. If deposits are made manually, no additional fees will be charged. However, if you want to activate automatic deposits to the savings section, a flat fee of $20.00 will be charged every month.