Business
Banking
Checking
There are three business checking accounts, each for businesses with a different level of activity. Match the volume of your business to one of these accounts. |
Business
I Checking- Requires an average daily balance of $5000. |
| Features: |
- Up to 150 Deposited Items
- Up to 50 Written Checks
- Up to 25 Deposits
|
| Fees: |
- $5 Monthly Service Charge if $5,000 Average Daily Balance is Not Maintained
- Excess Deposits are $.06 for Local Items, $.075 Nonlocal
- Excess Written Checks are $.11each
- Excess Deposits are $.18 Each
- $1 Charge Back per Check Under $2,500
- $5 Charge Back per Check Over $2,500
|
|
| Business
II Checking- Business with higher volume can offset fees with
earnings credit. |
| Features: |
- Earnings Credit
per $100 Collected Balance
|
| Fees: |
- $2 Monthly Service
Charge
- $.11 per Written
Check
- $.06 per Local
Item Deposited
- $.075 per Nonlocal
Item Deposited
- $.18 per Deposit
- $1 Charge Back
per Check Under $2,500
- $5 Charge Back
per Check Over $2,500
- Uncollected Funds
Fee
|
|
| Business
III Checking- For the small business, club or community association
with low activity. |
| Features: |
- No Monthly Service Charge
- Up to 10 Deposited Items
- Up to 10 Written Items
|
| Fees: |
- Excess Written Checks are $.10 Each
- Excess Deposits are $.15 Each
|