| Basic Business Checking | Commercial Analysis Checking | Commercial Checking with Interest (NOW Checking) | |
|---|---|---|---|
| Description |
For businesses with minimal account activity or lower average balances |
For businesses with higher activity and average balances |
A full-service business checking account for organizations that legally may earn interest. |
| Minimum to Open |
$100 |
$100 |
$100 |
| Minimum Balances/Fees |
No monthly maintenance fee
No monthly minimum balance requirement
|
No monthly minimum balance requirement
Monthly maintenance fee is $12
Checks/debits posted (each) 14¢
Deposits/credits posted (each) 35¢
Items deposited (each) 11¢
|
No monthly maintenance fee when balance requirements are met
Minimum daily balance to avoid maintenance fee is $3,000
Average ledger balance to avoid maintenance fee is $6,000
Monthly maintenance fee is $15
|
| Interest * (Ask for current rates) |
N/A | N/A | Interest earned on daily collected balances and paid each statement cycle* |
| Account Features and Benefit |
·No charge for the first 300 items processed per statement cycle, including debits/checks, credits/deposits and deposited items
40¢ fee for each item processed over 300
Monthly statement includes imaged checks & deposit slips
Online banking with Bill Pay
|
Unlimited withdrawals and deposits
Monthly fee and per item charges are calculated by account analysis. Fees may be directly offset with an earnings credit based on collected account balances****
Monthly statement includes imaged checks & deposit slips
Online banking with Bill Pay
|
Unlimited withdrawals & deposits
Monthly statement includes images checks & deposit slips
Online banking with Bill Pay
|
*Interest rates are subject to change without notice.
****Earnings credit calculation subject to change without notice
