United Pacific Bank

 

 
Business Deposit Products

Business Checking Account  |  Business High Yield Checking Account 
Business Money Market Account Business Money Market Savings Account 
Business Super Now Account


BUSINESS CHECKING ACCOUNT
  • Minimum deposit of $2,500.00 to open the account

  • Minimum daily balance of $2,500.00 or an average daily balance of $5,000.00 to avoid a service charge and per check charge

  • $15.00 monthly service charge

  • $0.25 for each check paid

  • The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period

Business Analysis Fee Schedule

Reserve Requirement   10% of ledger balance
FDIC Insurance   Current Rate
Monthly Maintenance Charge   $20.00
Currency Deposited (per $1,000)   $1.50
Branch Currency Supplied (per $1,000)   $1.50
Coin Deposited (per roll)   $0.15
Food Stamp Deposited (per $100)   $0.50
Deposit (per deposit slip)   $1.00
Check Deposited (per check)   $0.15
Checks Paid (per check)   $0.15
Special Statement   $5.00
Check Cashed   $1.00
Re-clear Check   $2.00
 

Business Analysis applies to all types of business checking accounts.

  

BUSINESS HIGH YIELD CHECKING ACCOUNT

(Non-Profit Organization)

Sole Ownership/ Attorney Client Trust

  • Tiered interest-bearing account

  • Minimum deposit of $2,500.00 to open the account

  • Minimum daily balance of $2,500.00 or an average daily balance of $5,000.00 to avoid a service charge and per check charge

  • $15.00 monthly service charge

  • $0.25 for each check paid

  • Unlimited check writing

  • You must maintain a minimum Account balance of $2,500.00 each day to obtain the disclosed annual percentage yield

  • Interest will be compounded and credited to your account every month

  • At our discretion, we may change the interest rate on your account

  • If you close your account before interest is credited, you will not receive the accrued interest

  • The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period

  • We use the daily balance method to calculate the interest on your account.  This method applies a daily periodic rate to the principal in the account each day

  • No interest will be paid during statement cycle if minimum balances are not maintained


BUSINESS MONEY MARKET ACCOUNT
  • Tiered interest-bearing account

  • Minimum deposit of $2,500 to open the account

  • At our discretion, we may change the interest rate on your account

  • Interest will be compounded and credited to your account every month

  • If you close your account before interest is credited, you will not receive the accrued interest

  • Minimum daily balance of $2,500.00 or an average daily balance of $5,000.00 to avoid a service charge

  • $15.00 monthly service charge

  • You must maintain a minimum Account balance of $2,500.00 each day to obtain the disclosed annual percentage yield

  • We use the daily balance method to calculate the interest on your account.  This method applies a daily periodic rate to the principal in the account each day

  •  Limited to no more than six withdrawals or transfers to another account of yours or to a third party by means of a preauthorized or automatic transfer or telephone order or instruction, or by check, draft, debit card or similar order to a third party per month. The account may be closed for repeated violations of excessive activity.

  • $10 excessive withdrawal fee for each transfer in excess of six during a monthly statement cycle

  • No interest will be paid during statement cycle if minimum balances are not maintained


BUSINESS MONEY MARKET SAVINGS ACCOUNT

  • Tiered Interest-bearing account
  • Minimum deposit of $2,500.00 to open the account
  • At our discretion, we may change the interest rate on your account
  • Interest will be compounded and credited to your account every month
  • If you close your account before interest is credited, you will not receive the accrued interest 
  • Minimum daily balance of  $2,500.00 to avoid a service charge
  • $15.00 monthly service charge
  • Minimum account balance of $2,500.00 each day to obtain the disclosed annual percentage yield
  • We use the daily balance method to calculate the interest on your account.  This method applies a daily periodic rate to the principal in the account each day
  • Limited to no more than six withdrawals or transfers to another account or to a third party per month. The account may be closed for repeated violations of excessive activity.
  • $10.00 excessive withdrawal fee for each withdrawal or transfer in excess of six during a statement cycle
  • No interest will be paid during statement cycle if minimum balances are not maintained
     

BUSINESS SUPER NOW ACCOUNT

(Non-Profit Organization/Sole Ownership/ Attorney Client Trust)

  • Minimum deposit of $1,000.00 to open the account

  • Minimum daily balance of $1,000.00 or an average daily balance of $2,000.00 to avoid a service charge and per check charge

  • $10.00 monthly service charge

  • $0.25 for each check paid

  • Unlimited check writing

  • Interest will be compounded and credited to your account every month

  • At our discretion, we may change the interest rate on your account

  • If you close your account before interest is credited, you will not receive the accrued interest

  • The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period

  • We use the daily balance method to calculate the interest on your account.  This method applies a daily periodic rate to the principal in the account each day

  • You must maintain a minimum Account balance of $1,000.00 each day to obtain the disclosed annual percentage yield

 

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