Business Accounts
Simple Business Checking
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Minimum Opening Deposit of $100.00
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First 150 debits/credits at no charge; then 0.10 per each debit or credit
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First 150 non on-us deposited items at no charge; then .20 per each deposited item
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No charge for deposited on-us items
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No monthly maintenance fee if minimum balance is greater than $1,500.00; otherwise $10.00 monthly fee will apply
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Earnings Credit based on Average Collected Balance (less 10% Reserve) at rate the Fed Fund rate to offset calculated service charge.
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Negative Collected Balance is charged at Wall Street Journal Prime +2%
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Free e-Statement or $3.00 monthly paper statement fee will apply
Business Savings
Business Savings
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Minimum Opening Deposit of $100.00
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No monthly maintenance fee if average daily balance is greater than $500.00; otherwise $8.00 quarterly fee will apply
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Interest bearing (Contact Us for our current rates)
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Free e-statement or $3.00 monthly paper statement fee will apply
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$1.00 per debit if account exceeds six (6) debits per month
Money Market Business
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Minimum Opening Deposit of $1,000.00
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No monthly maintenance fee if average daily balance is greater than $1,000.00; otherwise $10.00 monthly fee will apply
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Tier Rate based on balance (Contact Us for our current rates)
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Unlimited In-person transfers and withdrawals (*Federal regulations allow a maximum of 6 withdrawals per statement cycle.)
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Free e-Statement or $3.00 monthly paper statement fee will apply
*Transfer to another account or to third parties by preauthorized, automatic, electronic or telephone transfer are limited to six per month.