Commercial Checking Accounts

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 Elite Checking:

Our Business Elite Checking provides the functionality of a checking account with the added benefit of earning interest. Interest accrues daily on the balance in the account. Customers receive a monthly statement that includes images of all checks and deposit slips.

A service charge fee of $10 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 30 processed during a statement cycle. The customer is responsible for the cost of the checks.

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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