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Checking

  Free Business Checking Interest Checking Account Analysis
Description The perfect solution for all businesses that have fewer than 1,000 transactions*/mo.

Balances in this account earn interest that is paid monthly. There are no limits to the number of checks written or deposits made. By law, this account is available only to sole proprietors and eligible non-profit organizations.

This account is designed for higher- volume business accounts.
Account activity (checks and deposits) is unlimited, and an earnings credit on balances will offset transaction fees.

Minimum Balance None None None
Monthly Fee None $6.00 maintenance fee
$.18 charge for each check written
$.09 charge for each check not on us item deposited

$6.00 maintenance fee
$.18 charge for each check written
$.09 charge for each check not on us item deposited

Interest None Yes** Earnings Credit***
Features  Up to 1,000 transactions*/mo.
$500 minimum deposit to open
5 Free Online Bill Payments/mo.
Free Online Banking
Check Card
Images of cancelled checks
Full range of business check styles available
Option of electronic statements

Unlimited deposits & withdrawals
Free Online Banking
5 Free Online Bill Payments/mo.
Check Card
Images of cancelled checks
Month-end statements
Full range of business check styles available
Option of electronic statements

Unlimited deposits & withdrawals
Free Online Banking
5 Free Online Bill Payments/mo.
Check Card
Images of cancelled checks
Month-end statements
Earnings credit to offset charges***
Full range of business check styles available
Option of electronic statements

*A transaction consists of individually deposited items and checks written.
**Interest is a variable rate and will change at the discretion of the Bank. Interest paid monthly.
***Earnings credit is a computed value on the average available balance using the previous month average 91 day T-bill rate less .25 percent.

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