Business Checking
A regular business checking account with no minimum balance and no maintenance fees.
- No minimum balance required
- FREE E-statements
- FREE Online Banking and Bill Pay
- FREE Mobile App
- FREE Zippered Money Bags
- Unlimited number of deposits
- Business Mastercard® Debit Card with custom limit options
- Night depository available at all branch locations
Fees and Charges
The following fees and charges apply to this account:
- Overdraft Charge: $30.00/item
- Maximum overdraft charge per day: $180.00
- No Charge for overdraft items less than $5.00
- No charge if your account balance is between -$5.00 and $0.00
- Return Check Charge: $30.00/item (maximum $180.00 per day)
- Stop Payment/Renewal: $25.00/per request
- Paper Statement: $4.00/statement
- Extra Statement: $10.00/statement
- Telephone Transfer: $2.00
- Automatic Transfer Overdraft Charge (per transfer): $5.00
- Account Reconciliation/Research: $30.00/hour (1 hour minimum)
- Check fees may vary depending on the style and quantity ordered.
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.
Business Interest Checking
This account is ideal for any business with moderate transaction volume and is an interest bearing with no maintenance fees.
- FREE E-statements
- FREE Online Banking and Bill Pay
- FREE Mobile App
- FREE Zippered Money Bags
- Unlimited number of deposits
- Night depository available at all branch locations
Account Requirements
- Minimum Balance $10,000
- Minimum deposit of $10,000 required to open account
Fees and Charges
The following fees and charges apply to this account:
- Failure to meet minimum Balance any day in the statement period: $15.00
- Overdraft Charge: $30.00/item
- Maximum overdraft charge per day: $180.00
- No Charge for overdraft items less than $5.00
- No charge if your account balance is between -$5.00 and $0.00
- Return Check Charge: $30.00/item (maximum $180.00 per day)
- Stop Payment/Renewal: $25.00/per request
- Paper Statement: $4.00/statement
- Extra Statement: $10.00/statement
- Telephone Transfer: $2.00
- Automatic Overdraft Transfer Charge (per transfer): $5.00
- Account Reconciliation/Research: $30.00/hour (1 hour minimum)
- Check fees vary depending on style and quantity ordered
Additional Terms
- Interest Accrues monthly; compounds monthly; credits monthly
- At our discretion we may change the interest rate on your account.
- If the account is closed prior to interest posting: Interest is forfeited.
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.
Business Checking Account Rates
Last Updated: December 21, 2023
| Account Name | Interest Rate | Annual Percentage Yield1 (APY) | 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.