Business Checking:Our Business Checking Account provides our business customers with traditional checking account services. Customers with a Business Checking Account receive a monthly statement that includes images of all checks and deposit slips.
In an effort to reduce or eliminate fees, this account features an earnings credit of $.10 per $100. calculated on the minimum balance in the account during a statement cycle. This earnings credit will offset the usual maintenance fee of $.50 per statement cycle and a $.10 fee for each check processed. The customer is responsible for the cost of the checks.
Business NOW:Our Business NOW Account provides the functionality of a checking account with the added benefit of earning interest. Interest accrues daily on the balance in the account. Customers with a Business NOW Account receive a monthly statement that includes images of all checks and deposit slips.
A service charge fee of $5.00 will be imposed every statement cycle if the balance falls below $1,000.00 any day of the cycle. A service charge fee of $.25 will be charged for each check in excess of 20 processed during a statement cycle. The customer is responsible for the cost of the checks.
**Federal regulations currently prohibit partnerships, corporations, associations, business trusts, or other "for-profit" organizations from having a NOW or Super NOW account. However, these organizations may have any of the other accounts listed below. There are no account restrictions for individuals or for nonprofit organizations operating for religious, philanthropic, charitable, educational, or political purposes.
Business Super NOW:Our Business Super NOW Account provides the functionality of a checking account with the added benefit of earning interest. Interest accrues daily on the balance in the account. Customers with a Business Super NOW Account receive a monthly statement that includes images of all checks and deposit slips.
A service charge fee of $5.00 will be imposed every statement cycle if the balance falls below $1,000.00 any day of the cycle. A service charge fee of $.25 will be charged for each check in excess of 20 processed during a statement cycle. The customer is responsible for the cost of the checks.
**Federal regulations currently prohibit partnerships, corporations, associations, business trusts, or other "for-profit" organizations from having a NOW or Super NOW account. However, these organizations may have any of the other accounts listed below. There are no account restrictions for individuals or for nonprofit organizations operating for religious, philanthropic, charitable, educational, or political purposes.
Business IMMF:Our Business IMMF Account is for those business customers who want to save money but may need to write a limited number of checks each month. Customers with a Business IMMF Account receive a monthly statement that includes images of all checks and deposit slips.
This account requires a minimum balance of $1,000.00 to earn interest and allows up to three (3) checks to be written to outside parties per statement cycle. A service charge fee of $1.00 will be charged for each check in excess of three during a statement cycle. No other monthly service charge is assessed. Internal transfers are unlimited. The customer is responsible for the cost of the checks.
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