April 21st, 2014
Business Checking

Basic

Basic Business Checking

This business checking account is designed for customers with low transaction volume and minimal coin and currency needs. Account Analysis may apply.

Requirements
  • $200.00 Minimum Opening Balance.
  • This account allows for 10 deposits and 50 paid items to post against the account during each statement cycle.
  • Check images included with monthly statement.
  • Online access to statements and check images.
  • FDIC Insured.
Monthly Service Fees
  • No monthly service fee with $1500 minimum or $3000 average balance.
  • $8.00 if below minimum or average balance.
Monthly Activity Fees
  • Deposits $1.50 each in excess of 10 monthly.
  • Paid items $0.20 each in excess of 50 monthly.

Business

Business Checking Account

An ideal account for established business who have moderate volume of check writing, deposit items and cash needs. Account Analysis may apply.

Requirements
  • $200.00 Minimum Opening Balance.
  • This account allows for 20 deposits and 100 paid items to post against the account during each statement cycle.
  • Check images included with monthly statement.
  • Online access to statements and check images.
  • FDIC Insured.
Monthly Service Fees
  • No monthly service fee with $2500.00 minimum or $5000.00 average balance.
  • $12.00 if below minimum or average balance.
Monthly Activity Fees
  • Deposits $1.50 each in excess of 20 monthly.
  • Paid items $0.20 each in excess of 100 monthly.

Analysis

Business Analysis Account

Analyzed account is designed for businesses with high volume activity and higher average balances.

An Analysis Account is required in order to take advantage of our eBusiness Solutions. 

Requirements
  • $200.00 Minimum Opening Balance.
  • Earnings allowance can be used to offset eligible fees.
  • Check images included with monthly statement.
  • Online access to statements and check images.
  • FDIC Insured.
 Monthly Service Fees
  • $15.00
  • Monthly service fee and many other monthly activity fees may be offset by an Earnings Credit Allowance based on balances.

NOW

Business NOW Account

A Perfect Account for qualifying businesses.1 Earn interest on all collected balances and maintain all the benefits of a regular checking account. Account Analysis may apply. 

Requirements
  • $200.00 Minimum Opening Balance.
  • Earns Market Rate of Interest on all collected balances.
  • Unlimited Check Writing.
  • Check images included with monthly statement.
  • Online access to statements and check images.
  • FDIC Insured.
Monthly Service Fees
  • No monthly service fee with a $2500 minimum or $5000 average balance.
  • $12.00 if below minimum or average balance monthly.
  1. Account Ownership is restricted to Sole Proprietors and certain non-profit organization (i.e., educational, religious or charitable associations).

Money Market

Money Market Account

The more you save, the more you'll earn with our Tiered Rate Money Market Account. Take advantage of higher rates while still having access to your money anytime you need it. Account Analysis may apply.

Requirements
  • $2500.00 Minimum Opening Balance.
  • Tiered Interest Rate.1
  • Unlimited number of withdrawals in person, by messenger or by mail.
  • Limited Check Writing.2
  • Check images included with monthly statement.
  • Online access to statements and check images.
  • FDIC Insured.
 Monthly Service Fees
  • No monthly service fee with $2500 average balance.
  • $10.00 if below $2500 average balance.
  1. Variable Interest Rate. Rate may change after account is opened. Tiers range from $0.00-$25,000; $25,000-$49,999.99; $50,000-$99,999.99; $100,000-$249,999.99; $250,000 and above. Interest compounds daily on a 365 daily basis (366 in leap year), paid monthly on the day your statement is prepaid; no interest paid on the account if closed before the statement date. Withdrawals over the permitted number may be returned.  The fee for each excessive withdrawal will be $10.00. Fees could reduce the earnings on the account.  The Bank reserves the right to close Money Market Accounts with excessive withdrawals. Bank reserves the right to require depositor to give notice in writing of an intended withdrawal all or any part of the account seven (7) days before such withdrawal is made.
  2. Limited to a combined total of six (6) preauthorized transfers and checks to third parties per statement cycle. Fees may apply if these limits are exceeded.