Basic Business Checking Account
A basic, no-frills business checking account designed for small to medium business and non-profit.
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Requirements
Minimum to Open ~ $750
Benefits
Checks Returned With Statement ~ No Charge
Monthly Fee with Balance $750 or More ~ No Charge
First 20 Debits per Month ~ Free
Cost
Monthly Fee with Balance under $750 ~ $12
Debit Charge after 20 Items per Month $0.25
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Basic Business Checking Plus Interest1,3
A basic, no-frills business checking account designed for sole proprietors and other entities eligible for interest-bearing checking accounts.
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Requirements
- Minimum To Open ~ $750
- Minimum Collected Balance To Earn Interest ~ $1,000
Benefits
- Checks Returned With Statement ~ No Charge
- Interest Compounded and Paid ~ Monthly
Cost
- Monthly Fee With Balance $2,000 Or More ~ No Charge
- Monthly Fee With Balance Under $2,000 ~ $12
- First 20 Debits Per Month ~ Free
- Debit Charge After 20 Items Per Month $0.25
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Money Market Account1,2
A money market investment account for businesses with excess cash balances which wish to earn a higher yield while maintaining liquidity. Limited check writing capability.
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Requirements
Minimum Collected Balance To Earn Interest ~ $1,000
Benefits
- Monthly Fee With Balance $1,000 Or More ~ No Charge
- Interest Compounded and Paid Monthly
Cost
- Monthly Fee With Balance $1,000 Or More ~ No Charge
- Debit Charge After 3 Per Statement (Each) ~ $5
- Maximum 3rd-Party Withdrawals Per Statement ~ 6
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Main Money Account1,2
A money market investment account for businesses with excess cash balances which wish to earn a higher yield while maintaining liquidity. Limited check writing capability.
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Requirements
- Minimum To Open ~ $2,500.
- Minimum Collected Balance To Earn Interest
$2.500.
~Tiered Rates Based on Balances~
Benefits
- Monthly Fee With Balance Under ~ $2,500. ~ $15
- Interest Compounded and Paid ~ Monthly
Cost
- Monthly Fee With Balance $2,500. Or More ~ No Charge
- Debit Charge After 3 Per Statement (Each) ~ $5
- Maximum 3rd-Party Withdrawals Per Statement ~ 6
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Business Checking with Account Analysis
Designed for businesses with high transaction volumes and average balances. Allows businesses to offset fees and monthly charges against an earnings credit.
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Requirements
Benefits
- Earnings Credit on 90% Of Average Collected Balance
Interest Rate: 90-Day T-Bill Rate
- Monthly Fee ~ $10
- Items Returned with Statement ~ No Charge
- Month-End Statement ~ No Charge
- Monthly Analysis Statement ~ No Charge
Cost
- Debit Charge For Each Item Paid ~ $0.15
- Credit Charge For Each Deposit ~ $0.15
- Credit Charge For Each Item Deposited ~ $0.12
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Basic Business Savings1,2
Designed to keep your cash reserves working – yet readily available when you need them.
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Requirements
Benefits
- Interest Compounded and Paid ~ Monthly
- Minimum Collected Balance To Earn Interest ~ $500
Interest Rate: 90-Day T-Bill Rate
Cost
- Monthly Fee ~ $7
- Withdrawal Charge After 1 Per Month ~ $1
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MainStream Savings Account1,2
A savings account with a premium yield. |
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Requirements
- Minimum To Open and earn Higher Yield ~ $5,000
- Quarterly Fee with Balance of $5,000 or more ~ No Charge
- Quarterly
Fee with Balance under $5,000 ~ $25
- A checking account must accompany
this account
Benefits
- Higher Yield than most savings accounts
- Interest Compounded and Paid ~ Quarterly
- Statement delivery
electronically via the Internet
Cost
- Debit Charge via the Internet after 1 per Quarter ~ $25
- Over the
Counter Withdrawals ~ $4
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1. Interest Rates and Annual Percentage Yields (APY) are variable and may change at any time at the Bank’s discretion. No floor or ceiling has been established. A minimum collected balance must be maintained to obtain the APY. The minimum collected balance that must be maintained is equal to the "Minimum Collected Balance to Earn Interest" amount disclosed for each product. We use the daily collected balance method to calculate interest on your account. This method applies a daily periodic rate to the collected balance in the account each day. We use an interest accrual basis of 365 days for each day of the year. Interest begins to accrue no later than the business day after the bank receives credit for the deposit of non-cash items such as checks. Accrued but unpaid interest may not be paid if the account is closed. Seven Days notice of withdrawal may be required.
2. Pre-authorized automatic and telephonic transfers to a third party or another account of the depositor of this Bank are limited by Federal Regulation to six per statement. No more than three of these may be made by check, draft or similar external order to pay.
3. Federal eligibility requirements apply.
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