Business Accounts

Commercial Checking

  • Minimum Opening Balance - $250.00
  • Monthly Maintenance Fee - $5.00
  • Monthly Statement Cycle
  • Per check chrg / Deposited - $.05
  • Returned Charge Back Checks - $2.00 per item

An earnings credit of $.10 per $100.00 of collected balances will be applied to but not exceed the monthly charges.

 

Business Interest Checking Account

Minimum Opening Deposit................................................. $2,000.00
Minimum balance to avoid service charge....................... $1,000.00
Interest Rate................................................................... See Rate Sheet
Annual Percentage Yield (APY).................................... See Rate Sheet
Minimum balance required
to obtain APY as listed........................................................ $1,000.00
Interest Computation Method..................... Average Daily Balance*
Interest will be compounded ............................................... Monthly
Interest Credited.................................................................... Monthly
On non-cash interest will begin to accrue on next business day.
If you close your account before interest in credited, you will not receive the accrued interest.
Your interest rate and annual percentage yield may change.  At our discretion, we may change the interest rate on your account at any time.
Statement Period:  Monthly
Cost of check printing varies depending on the style of checks ordered.
Monthly Maintenance Fee if balance falls below $1,000.00:.................................................................................. $10.00
All NSF paid or returned & UCF (per item)............................ $30.00
Stop Payment Charge (per Item)............................................. $15.00
Deposited Check Return Charge (per item)............................ $2.00
Dormant Account Charge: ........... $5.00/monthly if dormant 12 months
*The Daily Balance is determined by the application of a daily periodic rate to the full amount of principal in the account each day.

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