Small Business | Commercial Checking | Business Checking With Interest |
Commercial Money Market Account |
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Type of Account | Customers with low monthly activity | Ideal analysis account for all business customers | Checking with interest | Limited checking with interest |
Business Type | All types | All types | Sole Proprietorship & Non-Profit organizations only | All business types |
Minimum to Open | $25.00 | $25.00 | $25.00 | $25.00 |
Monthly Service Fee | Free for transactions up to 200 items $10 over 200 items, plus per item charge |
$8 plus analysis charges (earnings may offset fees) |
Free for average daily balances over $1,000 $15 for average daily balances below $1,000 |
Free for average daily balances over $1,000 $15 for average daily balances below $1,000 |
Interest Earned | No Interest | No Interest | Average Daily Balance above $1,000 | Average Daily Balance above $1,000 |
Transaction Limit | Unlimited | Unlimited | Unlimited | *6 per statement cycle |
Withdrawal Fee | 1-200 items* - Free 201+ items* - $0.19 each |
$0.10 each | 1-20 items - Free 21+ items - $0.10 each |
6 free per cycle $2.50 for each additional |
Deposit Fee | 1-200 items* - Free 201+ items* - $0.19 each |
$0.10 each | 1-20 items - Free 21+ items - $0.10 each |
FREE |
Statements | Must enroll in e-statements for itemized monthly statements | Monthly with images | Monthly with images | Monthly with images |
Online Banking | FREE | FREE | FREE | FREE |
Bill Pay | $5.95 Monthly up to 20 items .50 per each additional item |
$5.95 Monthly up to 20 items .50 per each additional item |
$5.95 Monthly up to 20 items .50 per each additional item |
$5.95 Monthly up to 20 items .50 per each additional item |
-Overdraft privilege may be available after meeting qualifications *Items: withdrawal, deposit, or deposited items |
-Overdraft privilege may be available after meeting qualifications | -Overdraft privilege may be available after meeting qualifications Fees may offset earnings *Items: withdrawal, deposit, or deposited items |
*Under Federal regulation, transfers from this account to another account or to third parties by preauthorized, automatic, or telephone transfers are limited to six per month. |
Small Business | |
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Type of Account | Customers with low monthly activity |
Business Type | All types |
Minimum to Open | $25.00 |
Monthly Service Fee | Free for transactions up to 200 items $10 over 200 items, plus per item charge |
Interest Earned | No Interest |
Transaction Limit | Unlimited |
Withdrawal Fee | 1-200 items* - Free 201+ items* - $0.19 each |
Deposit Fee | 1-200 items* - Free 201+ items* - $0.19 each |
Statements | Must enroll in e-statements for itemized monthly statements |
Online Banking | FREE |
Bill Pay | $5.95 Monthly up to 20 items .50 per each additional item |
-Overdraft privilege may be available after meeting qualifications *Items: withdrawal, deposit, or deposited items |
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Commercial Checking | |
Type of Account | Ideal analysis account for all business customers |
Business Type | All types |
Minimum to Open | $25.00 |
Monthly Service Fee | $8 plus analysis charges (earnings may offset fees) |
Interest Earned | No Interest |
Transaction Limit | Unlimited |
Withdrawal Fee | $0.10 each |
Deposit Fee | $0.10 each |
Statements | Monthly with images |
Online Banking | FREE |
Bill Pay | $5.95 Monthly up to 20 items .50 per each additional item |
-Overdraft privilege may be available after meeting qualifications | |
Business Checking With Interest | |
Type of Account | Checking with interest |
Business Type | Sole Proprietorship & Non-Profit organizations only |
Minimum to Open | $25.00 |
Monthly Service Fee | Free for average daily balances over $1,000 $15 for average daily balances below $1,000 |
Interest Earned | Average Daily Balance above $1,000 |
Transaction Limit | Unlimited |
Withdrawal Fee | 1-20 items - Free 21+ items - $0.10 each |
Deposit Fee | 1-20 items - Free 21+ items - $0.10 each |
Statements | Monthly with images |
Online Banking | FREE |
Bill Pay | $5.95 Monthly up to 20 items .50 per each additional item |
-Overdraft privilege may be available after meeting qualifications -Fees may offset earnings *Items: withdrawal, deposit, or deposited items |
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Commercial Money Market Account | |
Type of Account | Limited checking with interest |
Business Type | All business types |
Minimum to Open | $25.00 |
Monthly Service Fee | Free for average daily balances over $1,000 $15 for average daily balances below $1,000 |
Interest Earned | Average Daily Balance above $1,000 |
Transaction Limit | *6 per statement cycle |
Withdrawal Fee | 6 free per cycle $2.50 for each additional |
Deposit Fee | FREE |
Statements | Monthly with images |
Online Banking | FREE |
Bill Pay | $5.95 Monthly up to 20 items .50 per each additional item |
*Under Federal regulation, transfers from this account to another account or to third parties by preauthorized, automatic, or telephone transfers are limited to six per month. |
Business Treasury Management Services
Cash Managment Online (some fees apply)
- Managment of funds with multiple users and control levels.
- ACH credit and debit origination - employee payroll, vendor payments, funds consolidation from other banks, etc.
- Wire transfer - send one time or recurring domestic wires
- Remote deposit capture - submit customer check payments electronically
- Stop payments - ability to place stop payments
- Positive pay - monitoring of inclearing checks to fight against fraud
- Balance reporting - provides current and prior day balance information, enhanced reporting
- Secure File transfers - allows customers to securely upload secure information to us through the online banking
Sweep Services
- Effectively manage your funds to maximize your interest earned and paid
Merchant Services
- A variety of card reader point-of-sale options for the acceptance of debit and credit card payments
- Check Acceptance to safely process check and ACH payments
- E-commerce account setup for online merchants
- Gift card sales
- Other solutions: time sheets, payroll processing, marketing, and accounting.