Business Checking
OPENING AMOUNT: $100
MONTHLY FEE $15
IMAGED MONTHLY STATEMENT FREE
About this Account:
Our Business Checking Account is designed for larger businesses keeping a high-dollar balance and a higher transaction rate.
Other Features:
- Free basic online banking with the option to add treasury management*
- Earned Credit–an earnings credit is given on the monthly average collected balance after a reserve requirement of 10% is deducted
Services offered with every account:
- EARNED CREDIT: To offset some or all of the service charge, an earnings credit is given on the monthly average collected balance after a reserve requirement of 10% is deducted; the earnings credit is 2% below (0.25% minimum) the Federal Funds Rate as published by the Board of Governors of the Federal Reserve System. This is a variable earnings credit.
- *Treasury management is available online for an additional charge.
- .14 cent activity fee per debit/check paid and .10 per paper item deposited during the monthly statement period.
Business Conveniences
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