Commercial Checking
Features
- $200.00 minimum deposit to open.
- Service charge per statement cycle - $7.00, and a $.10 fee for each debit transaction per statement cycle.
- Earn credit of $.10 for each $100.00 of the lowest minimum balance maintained during the statement cycle.
- If you elect not to receive E-Statements there is a $2.00 charge to receive a paper statement which will be incurred in your service charge on your statement.
Benefits
NOW Sole Proprietorship
Interest bearing checking account available to sole proprietorship businesses and individually owned businesses.
Features
- $1,500.00 minimum deposit to open.
- Earns interest, Contact us for current rates.
- Interest is earned (rate varies) on daily balances and credited to the account monthly.
- No interest is posted if the account is closed before the end of the statement cycle.
- If you elect not to receive E-Statements there is a $2.00 charge to receive a paper statement which will be incurred in your service charge on your statement.
Fees imposed if the account balance falls below the minimum balance:
- $5.00 – Balance below $1,500.00
- $6.00 – Balance below $1,300.00
- $7.00 – Balance below $1,000.00
Benefits