Business – Checking | Savings | Money Market | CD’s
Business Checking
A checking account designed for our customers that sustain a significant volume of check writing and deposits each month.
- $100 minimum to open
- First 75 checks are free; thereafter $0.15 per debit after 75.*
- First 75 items deposited are free; thereafter $0.15 per item deposited.*
- Activity service charge is waived with minimum balance or $2,500 or the average collected balance of $5,000
per statement cycle. - Activity service charge $10*
- Itemized monthly statement with images.
*The activity service charge and check/item deposited charge may be offset by the earnings credit based the average collected balance you keep in your checking account. The earnings credit is the product of the monthly earnings credit rate (a variable rate subject to change at the bank’s discretion) and the average collected balance (ledger balance less float). The Earning Credit Rate is determined by current market rates. The earning credit is allowed only to offset fees, not income to you.
Business Interest checking
(non profit or sole proprietors only)
A checking account designed primarily for businesses that sustain a significant volume of check writing and deposits each month and earns interest.
- Interest paid on collected balances
- $100 Minimum to open
- First 75 checks are free; thereafter $0.15 per debit after 75
- First 75 items deposited are fee; thereafter $0.15 per item deposited
- $10 monthly Activity Service charge*
*Activity service charge is waived with minimum daily balance of $2,500 or the average
collected balance of $5,000 per statement cycle
Money Market Account
An account offering competitive money market interest rates with access and flexibility.
- Minimum of $100 to open
- Activity service charge $10*
*Activity service charge is waived with a minimum daily balance of $2500 or an
average collected balance of $5,000 - Monthly statements with imaged items
- Interest paid monthly on collected balances
Tier 1< $25,000
Tier 2> or equal to $25,000 - Limited Check writing*
*Regulation D prohibits no more than 6 preauthorized withdrawals, 6 of which
may be made payable to a third party per statement cycle. Withdrawals and
transfers made in person are unlimited. Up to six free withdrawals per statement
cycle; thereafter $10 per withdrawal.
Savings
- $100 minimum to open
- Interest paid quarterly on collected balances
- Unlimited deposits
- Online Banking Services Available
- Activity service charge $4.00*
*Activity service charge is waived with a minimum daily balance of $400 - Three free withdrawals per month, after 3, $4 per debit.