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Business Checking | Savings | Money Market

 

 

 Business Checking

 Account

Commercial Analysis

Checking

Free Business

Checking

Free Commercial

Checking

Description

This account is right for larger businesses with more

transactions 

This account for

sole proprietorships

non-profit

organizations

and government

entities 

This account is for

commercial businesses

who want a simple,

value-added checking account 

Fee

Structure

~ No minimum balance

~ $7.50 monthly charge

~ $.25 per withdrawal and

   $.06 per item deposited

   over 50 in a statement 

~ No minimum

   balance

~ No service

   charges

~ Unlimited

    deposits

~ No minimum balance

~ No service charges

~ Unlimited deposits

Additional

Features

You will receive an earnings

credit on your collected balance. It will be applied to reduce the total service charges. The earnings cannot exceed your total fees.

Interest is paid on balances greater than $1,000

 No interest paid

 

 

 

Business Savings


Choose one of our convenient and flexible savings options

 to help you reach your business goals.

 

  • Minimum opening deposit is $100
  • Up to six pre-authorized transfers, unlimited ATM and in-branch withdrawals; $1 per

              debit over six during a calendar month

  • Interest is paid on daily balances over $100; Interest is compounded quarterly and credited

              on the last day of the calendar quarter

  • No service charge unless balance falls below $100; then only $2.00 a month
  • Interest will begin to accrue no later than the business day we receive credit for the deposit of nancash items (for example, checks) into your account
  •  

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. Your interest rate and annual percentage yield may change. At our discretion, we may change the interest rate on your account daily.

 

 

Commercial Money Market (non-consumer)


This account offers the advantage of higher interest rates.

The rates are tiered to reward higher balances.

 

  • Minimum opening balance is $2,500
  • Unlimited deposits
  • Up to six pre-authorized withdrawals (no more than three by check); $5.00 per debit over six in a calendar month
  • Variable interest rate
  • $7.00 maintenance fee per month if balance falls below $2,500