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Have more questions about Provident Business Savings
and Investment Services?
Just call 1-866-4NJ-BIZZ (1-866-465-2499) to
reach a representative for more information, or to
enroll.
We're ready to help you get started with solutions for your business. |
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Savings & Investment
Making Your Money Earn Money
In most businesses, cash available for investment
fluctuates according to daily changes in cash flow.
Good management of your cash balances can help your
business add more income to your bottom line.
Likewise, through careful attention to the accumulation
and investment of retirement funds, you and
your Provident Personal Business Banker can develop
the programs that lead to financial security for you
and your employees.
Savings & Investment Options
The Provident Bank offers a number of ways to profitably
accumulate investment funds with the safety of FDIC
insurance. Choosing the savings vehicle that's best
for your business depends upon your goals.
Premier MoneyManagement Account
Why tie up cash with a long-term certificate waiting
to see where interest rates are headed? Provident's
Premier MoneyManagement Account lets you deposit as
much as you wish and earn a great rate without any
time or term commitment. As your money earns higher
rates, a Provident checking account, which is included
in your premier service, will give you complete money
managing flexibility to pay bills or reinvest as you
wish. You decide where your money goes - make deposits
or withdrawals at any time, or transfer funds between
accounts for maximum earnings as you see fit. And
that's it!
Business Savings Accounts
Earn interest at a competitive rate on your firm's excess funds. If you maintain an average monthly balance of only $250, there is no maintenance charge.
You have the choice of maintaining your funds in a passbook or statement savings account. Interest on either account is compounded daily and credited monthly.
Business Money Market
Earn interest at market rates while you enjoy complete liquidity and FDIC insurance. Check-writing ability is limited. If you maintain an average monthly balance of $1,000 or more, there is no maintenance charge.
Money Market Account Transaction Limitations
From your Money Market Account, you may write up to three (3) checks per statement cycle on your account. The minimum amount for a check is $500. You may make up to six (6) pre-authorized transfers from your account each month, of which three (3) may be payments by check to third parties.
Certificates of Deposit
Earn high interest rates with a variety of maturity terms. Choose the terms that your business needs dictate: from 91 days to 10 years. Interest is compounded daily and credited monthly.
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Provident Investment Services *
For alternate investments, visit Provident Investment Services in any Provident branch office. At Provident Investment Services, you'll find financial consultants who are specifically trained to assist you in discovering the investment strategy to help you achieve a successful financial future.
A full array of conservative investment products and services are available to you by Provident Investment Services, a subsidiary of The Provident Bank:
- Tax-deferred annuities
- A variety of mutual funds
- Unit investment trusts
- Discount brokerage service
- Variable annuities
- IRAs
- Retirement planning
Whether you need to reduce your income taxes, maximize current income or plan ahead for retirement, you can find helpful solutions at Provident Investment Services.
Investment & Estate Management Services
Provident professionals can help with an array of
services for the business owner to make the most of
company resources as well as personal assets. As an
owner, your time is most profitably spent running
your business. Professional assistance will help you
to operate more efficiently. Speak to a Provident
representative. There is no obligation.
Corporate comptrollers without the resources to follow daily investment procedures will find Provident's Comptroller's Helper an easy and convenient way to invest short-term excess cash. For companies that want safe, government-backed, short-term investments with current high yields, it is like adding an investment assistant to the comptroller's office.
Our estate compositions can be fit to your financial
circumstances and objectives. Having a will is good
business. Naming Provident executor of your estate
is an important decision - one that will make sure
your estate is administered the way you want - carefully,
competently and thoroughly.
When good executives find the have more than they
can do, they delegate part of their work. We work
with you to determine your investment objectives and
constraints, leaving you to focus on your business.
As trustee of your company's employee benefit plan,
the Investment & Estate Management Group can manage
the fund's investment portfolio and furnish you with
the necessary reports.
Financial planning is the art of making the most of your money, now and in the future. Trusts are unexcelled ways to plan successfully. A trust with Provident Bank as trustee can help you manage, conserve and add to the assets you have accumulated.
* Securities and Insurance products offered by PrimeVest Financial Services, Inc. an independent registered broker/dealer. Member SIPC.
[ Not FDIC Insured | No Bank Guarantee | May Lose Value ]
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Have more questions about Provident Business Savings
and Investment Services?
Just call 1-866-4NJ-BIZZ (1-866-465-2499) to
reach a representative for more information, or to
enroll.
We're ready to help you get started with solutions for your business.
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