Business Checking
Balance Information
- No minimum initial deposit
- Unlimited number of deposits, withdrawals, and transfers
- Minimum balance requirement to avoid service charge fee is based on Average Collected Balance per statement cycle.
- Required Reserve Balance: 3.00% of Average Collected Balance.
Account Analysis Service Charge
- Account maintenance (subject to review) $5.00/month
- Checks written $0.17/item
- Deposits made $0.25/item
- Transit items deposited (first time only) $0.05/item
- Return Check $5.00/item
- Deposit corrections $1.00/deposit
- Food coupons deposit $1.00/certificate
Account Analysis Balance Earnings
You receive an Earnings Credit based on the current interest rate times the Available Balance.
Monthly Service Charge
Account Analysis Service Fees are offset by the Account Analysis Balance Earnings.
| Charge per item | Fee |
|---|---|
| Stop-Payment Request | $10.00 |
| Overdraft item | $15.00 |
| Return check item | $10.00 |
| Bank confirmations | $10.00 |
| Cash | Fee |
| Currency (strap) | $0.30 |
| Currency (partial strap) | $0.30 |
| Coin | $0.10/roll |
| Federal Tax Deposit Coupon | $5.00 |
"Daily Cut-off time" per business day: 3:00 p.m.
Statement Cycle: Monthly
Night Drop box available 24/7