Which business account is right for you?
1
Will your business have more than 1,000 items each month?
yes
Commercial Checking
For businesses with more complex banking needs!
- Only $15 monthly service charge
- Transaction items are just 15¢ each
- Coin and currency deposits just 50¢ per $1,000
no
2
Is your business a sole proprietorship or a not-for-profit organization?
yes
Totally Free Business Checking
Perfect for most businesses!
- 1,000 FREE monthly transaction items
- No minimum balance
- No monthly service charge
- Up to $10,000 currency deposited per month FREE
no
3
Will you always keep more than $1,500 in your business checking account?
yes
Business Interest Checking
Designed for sole proprietorships and not-for-profits!
- 1,000 FREE monthly transaction items
- Competitive interest
- Only $1,500 minimum balance to avoid a low monthly fee of $6
- Up to $10,000 currency deposited per month FRE
Free Business Checking
- Limitations: Only $50.00 to open this account.
- Account Fees: This account is limited to 1,000 items (deposits or withdrawals) per month. If you should go over 1,000 items per month you will be switched to our Commercial Checking.
Business Interest Checking
- Rate Information: This Account is an interest bearing account. The interest rate and annual percentage yield are included in the Rate Chart. The interest rate and annual percentage yield may change. At our discretion, we may change the interest rate on the account daily. Interest begins to accrue on the business day you make your deposit. Interest will be compounded monthly and will be credited to the account monthly.
- Balance Information: We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day. You will have the lesser of either 30 days or two statement cycle’s grace period from when you first opened the account to get the balance up to $1,500.00.
- Limitations: Only $50.00 to open this account. This business must either be a Sole-Proprietor or non-profit to open the account.
- Account Fees: A maintenance charge fee of $6.00 will be imposed every statement cycle if the balance falls below $1,500.00 any day of the cycle.
Commercial Checking
- Limitations: Only $50.00 to open this account.
- Account Fees: There will be a $0.15 charge for each item (deposit or withdrawal). There will also be a monthly maintenance fee of $15.00 each statement cycle. Coin and currency deposits just 50¢ per $1,000