Checking
Basic Business Checking
- Account Maintenance Fee -- no charge
- Earnings Credit -- none, non-profit corporations and sole proprietors may earn interest
- Minimum opening deposit - $25.00
- Per Check or Debit -- $0.14 fee
- Per Deposit or Credit -- $0.25 fee
- Items Drawn on Us Deposit -- no charge
- Local Item Deposit -- $0.04 fee
- Transit Item Deposit -- $0.06 fee
- Drawing on Uncollected Funds -- a charge will be assessed based upon the daily uncollected funds used and a rate equal to Wall Street Journal prime rate plus 2%
Classic Business Checking
- Account Maintenance Fee -- no charge
- Minimum opening deposit - $25.00
- Earnings credit – none
- Per deposit item charge – none
- Per check or debit item charge - $.35 after the 1st 50 items
- Items Drawn on Us Deposit -- no charge
- Transit item deposit charge – none
- Drawing on uncollected funds – a charge will be assessed based upon the daily uncollected funds used and a rate equal to Wall Street Journal prime rate plus 2%
Premium Business Checking
- Account Maintenance Fee -- $8.00 per month
- Minimum opening deposit - $25.00
- Earnings Credit -- earnings credit is calculated on 90% of the account's monthly average collected balance; the credit rate paid is equal to the average 90-day treasury bill rate and is adjusted monthly
- Per Check or Debit -- $0.14 fee
- Per Deposit or Credit -- $0.25 fee
- Items Drawn on Us Deposit -- no charge
- Local Item Deposit -- $0.04 fee
- Transit Item Deposit -- $0.06 fee
- Drawing on Uncollected Funds -- a charge will be assessed based upon the daily uncollected funds used and a rate equal to Wall Street Journal prime rate plus 2%
All business accounts feature a month-end statement and account analysis statement showing fees based upon services used and earnings credit analysis (if applicable). Please visit with one of our friendly personal bankers to determine which account best serves the needs of your business.
