Business Checking Deposit Products

Your choice of BUSINESS DEPOSIT ACCOUNT to manage your business more efficiently and effectively.

** $10 excessive withdrawal fee for each withdrawal or transfer from Business Money Market Checking account in excess of 6 during a monthly statement cycle. Withdrawals in person are unlimited.

Business Checking Deposit Products

Business Checking / Business Super NOW Checking / Business High Yield Checking / Business Money Market Checking / Business Analysis Checking

Business Checking Account

• Minimum deposit of $2,500.00 to open the account
• Unlimited check writing
• Minimum daily balance of $2,500.00 or an average daily balance of $5,000.00 for the monthly statement cycle to avoid a service charge ($15.00 monthly service charge and $0.25 for each item 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 Super NOW Account

• Available to Business Entity Type: Non-Profit Organization/Sole Proprietorship
• Interest-bearing account
• Minimum deposit of $1,000.00 to open the account
• Unlimited check writing
• Minimum daily balance of $1,000.00 or an average daily balance of $2,000.00 for the monthly statement cycle to avoid a service charge ($10.00 monthly service charge and $0.25 for each item 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
• 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
• Interest is calculated by the daily balance method which applies a daily periodic rate to the balance in the account each day

Business High Yield Checking Account

• Available to Business Entity Type: Non-Profit Organization/Sole Proprietorship
• Interest-bearing account
• Minimum deposit of $2,500.00 to open the account
• Unlimited check writing
• Minimum daily balance of $2,500.00 or an average daily balance of $5,000.00 for the monthly statement cycle to avoid a service charge ($15.00 monthly service charge and $0.25 for each item 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
• Minimum daily 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
• Interest is calculated by the daily balance method which applies a daily periodic rate to the balance in the account each day

Business Money Market Account

• Interest-bearing account
• Minimum deposit of $2,500 to open the account
• Minimum daily balance of $2,500.00 or an average daily balance of $5,000.00 for the monthly statement cycle to avoid a service charge ($15.00 monthly service charge)
• 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
• Minimum daily 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
• Interest is calculated by the daily balance method which applies a daily periodic rate to the balance 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 – including online banking transaction, or by check, draft, debit card (if applicable) 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 withdrawal or transfer in excess of six during a statement cycle (withdrawals in person are unlimited)

Business Analysis Checking Account

• Minimum deposit of $2,500.00 to open the account
• Unlimited check writing
• Business analysis charges can be offset with earning credits calculated on the balance of the account. For details, please contact branch.