Business Checking
What makes our business checking different?
-
Our fee structure is simple and straight forward.
-
We don't analyze your account activity to determine your monthly service charges.
- Business Checking Account
- $100
- Minimum Opening Deposit
- This is a non-interest bearing account.
- -
- -
- Business Now Account
- $1,500
- Minimum Opening Deposit
- Minimum daily balance to obtain APY each statement cycle $500
- Annual Percentage Yield .10%
- Interest Rate .10%
- Business Super Now Account
- $2,500
- Minimum Opening Deposit
- Minimum daily balance to obtain APY each statement cycle $2,500
- Annual Percentage Yield .10%
- Interest Rate .10%
Rates effective 6/1/2023. Fees could reduce earnings on these accounts. Rate may change after account opening.
-
Business Checking Account
A maintenance fee of $2.00 will be imposed every statement cycle. A debit transaction fee of $0.20 will be charged for each debit transaction (withdrawal, check paid, automatic transfer or payment out of this account). A credit transaction fee of $0.20 will be charged for each deposit into this account. You will earn a credit of $0.10 for each $100.00 in excess of $500.00 of average daily balance in your account during the statement cycle. The earnings credit will be applied to reduce the maintenance, debit transaction and credit transaction fees. The earnings credit cannot exceed your total account fees.
-
Business Now Account
A debit transaction fee of $0.25 will be charged for each debit transaction (withdrawal, check paid, automatic transfer or payment out of this account). This fee will apply if an average daily balance of $1,500.00 is not maintained during the statement cycle.
-
Business Super Now Account
Any day the balance in your account is $2,500.00 or more, the Super Now interest rate will apply. Any day the balance in your account is between $500.00 and $2,499.99, the interest rate for that day will be the Now Account rate.
Fees: A debit transaction fee of $0.25 will be charged for each debit transaction (withdrawal, check paid, automatic transfer or payment out of this account). This fee will apply if an average daily balance of $1,500.00 is not maintained during the statement cycle.
