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Business Checking

A noninterest-bearing commercial account for businesses with a large amount of monthly activity. The monthly charges are offset by an Earnings Credit, which is applied to the daily average collected balance in the account.


Earnings Credit
The Earnings Credit is based on a percentage of the Federal Funds Rate, at the beginning of the current month, to the daily average positive balance. The Earnings Credit is used to offset Service Fees on the Business Checking Account each month. If the Earnings Credit calculated is less than the accrued fees, the difference will be charged to the account. To maximize the
benefits of the account balance maintained, most fees related to this account will be charged through account analysis.

FEATURES
Minimum Amount to Open
$1,000.00
Monthly Fee
$15.00
 
Activity Fees
Deposit or Credit (each)
$.30
Check or Debit Paid (each)
$.14

Deposited Item-Local
$.08

Deposited Item-Non-local
$.12

Deposited Item-Cash (in $100 increments)
$.08
Imaged Statement.
N/C
Locked Money Bag
N/C