Business Accounts
Relationship
Business Checking
 Minimum
opening deposit: $100
No minimum balance
Daily balance $1,000 & up - no service charge |
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Daily
balance below $1,000 - $14 monthly service charge
175
items per month processed at no charge.
Items
over 175 processed at 25 cents per item
Free
Business VISA check card
Free
coin orders
Night
drop bags (one time charge) of $25
Internet
banking available. |
Business
Checking
Minimum
opening deposit: $100
No
minimum balance
$9
per month service charge
12
cents per debit item
10
cents per item contained in a deposit
Free
Business VISA check card
Free
coin orders
Night
drop bags (one time charge) of $25
Internet
banking available.
On a monthly basis, average float will be deducted from average ledger balances in order to arrive at average collected balances. From average collected balances, there will be deducted legal reserve requirements in the amount of 12% in order to then arrive at a net purpose of calculating earnings credit.
Earnings credit will be based on the monthly average of the 91 Day US Treasury Bill weekly auction prices. Earnings credit will then be applied against the total cost of all banking services in order to determine a profit or loss position.
Non-Profit
Organization
Minimum
opening balance: $50
No Service Charge
Internet
banking available
Business
Money Market
Minimum opening deposit: $2,000
Daily balance $2,000 & up - no service charge
Daily balance below $2,000 - $10 monthly service charge
Up to six preauthorized transfers or automatic EFT withdrawals may be made per month, not more than three of the six may be made by check, draft, debit card, or similar order to a third party. Withdrawals made in person, phone or automated teller machine are unlimited. However, any withdrawals in excess of 3 per month will be assessed at a rate of $3 per withdrawal.
Interest pays according to balance tiers and is paid monthly on daily ledger balance.
Internet banking available.
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