A regular business checking account with no minimum balance and no maintenance fees.
Fees and Charges
The following fees and charges apply to this account:
The following additional terms apply to this account: A dormant fee of $5.00 will be charged each month on balances below $200.00 if for one year (previous) there has been no activity or other indication in writing from you of an interest in this account.
If your account is closed with a negative balance a $25.00 fee will be applied to the negative balance amount.
This account is ideal for any business with moderate transaction volume and is an interest bearing with no maintenance fees.
Account Requirements
Fees and Charges
The following fees and charges apply to this account:
Additional Terms
The following additional terms apply to this account: A dormant fee of $5.00 will be charged each month on balances below $200.00 if for one year (previous) there has been no activity or other indication in writing from you of an interest in this account.
If your account is closed with a negative balance a $25.00 fee will be applied to the negative balance amount.
Rates as of July 28, 2021
Account Name | Interest Rate | Annual Percentage Yield (1APY) | Minimum deposit to open account | Minimum balance required to earn interest |
---|---|---|---|---|
Business Interest Checking | 0.15% | 0.15% | $10,000 | $0 - $50,000 |
no | 0.20% | 0.20% | - | $50,000.01 - $150,000 |
no | 0.25% | 0.25% | - | $150,000.01 & Over |
1APY = Annual Percentage Yield; fees could reduce earnings on accounts.
Interest rates and annual percentage yields are current as of the effective date at the top of this rate sheet. Interest rates are subject to change. The minimum deposit to open account amounts is the minimum balance required to earn the Annual Percentage Yield.