Business Checking Accounts
No matter how much money you have to manage, taking good care of it is the most important thing.
Basic Plus Business
|Minimum to Open||$100.00||$100.00||$100|
|Minimum Daily Balance||$0||$25,000 (daily)||$2500|
|Monthly Fee||$0||$30 (waived if daily balance stays above $25,000)||Service charges are offset or eliminated with earning credits base on your checking account(s) monthly balance.|
|Free Online Banking & Bill Pay||Yes||Yes||Yes|
|Bank by Phone||Yes||Yes||Yes|
|Overdraft Protection (1)||Yes||Yes||Yes|
|ATM or Visa/Debit Card||Yes||Yes||Yes|
|Additional Free Services||First 300 items paid or deposited per statement cycle (additional items $.50 each)||Unlimited transactions|
|This checking account is right for your business if you have higher transaction volume with balances to offset your fees. Commercial Checking accounts can be linked for balance compensation purposes|
(1) Regulation D limits certain types of
withdrawal and transfer transactions one can make from a savings account
and/or money market account to a maximum of six per statement cycle.
(2) When linked to a Money Market or Statement Savings Account (see (1)
above) or an approved line of credit. Fees may apply.