Select Free
Business Checking
|
Business Interest
Checking
|
Commercial Analysis Checking | |
Former Account Name |
Formerly Basic Business Checking |
Formerly Commercial NOW Checking |
Same Name, New Features |
Minimum to Open |
$50 |
$50 |
$50 |
Minimum Balances/Fees |
No monthly maintenance fee
No monthly minimum balance requirement
|
$1,500 minimum daily balance to avoid $10 monthly maintenance fee
|
$12 monthly maintenance fee
Checks/debits posted $0.14/each
Deposits/credits posted $0.35/each
Items deposited $0.11/each
Strap Currency $0.25/each
Rolled Coin $0.10/roll
Fees may be offset with earnings credit based on collected account balances2
|
Interest 1 (Ask for current rates) |
No | Yes | No |
Account Features and Benefits |
Up to 1,000 free items per statement cycle (debits/checks, credits/deposits, and deposited items)
Online Banking
|
Online Banking
|
Online Banking
|
Minimum opening deposit is only $50. Other fees such as non-sufficient funds, overdraft fees, etc. may apply. See fee schedule for details.
1Transaction items include all debits and credits. If the Select Free Business or Business Interest account exceeds 1,000 free monthly transactions, the account may be converted to another checking product.
2If the Select Free Business or Business Interest account exceeds $10,000 in monthly coin and currency deposits, the account may be converted to another checking product.
3Free gift may be reported on a 1099-INT or 1099-MISC. Free gift provided at the time of account opening.
4Up to $10 for checks and debit cards from another financial institution given at the time the checks/debit cards are presented.
5Message and data rates may apply.