Business Banking

Business Checking Accounts

Commercial Checking

• Interest bearing
• Minimum Balance to Open Account: $100
• Basic Monthly Service Charge: $6
  • Activity Fee (0 -75 items): No additional charge
  • Activity Fee (76 -200 items): $5
  • Activity Fee (201+ items): $10

MMDA (Money Market) Checking

• Interest bearing
• Minimum Balance to Open Account: $1,000
• Service Charge
  • Balance falls below $1,000: $15
• Transfers and check writing limitations apply
• No interest paid if balance falls below $1,000

Special Organizations and Associations (Sporgas 1)

• For "non-profit", "tax exempt" or charitable entities
• Minimum Balance to Open Account: $100
• This is a Truncated account (No images)
• Statement cycles semi-annually
• Service Charge
  • No service charge if balance is $1.000+
  • $1 if balance is less than $1,000

Special Organizations and Associations (Sporgas 2)

• For "non-profit", "tax exempt" or charitable entities
• Minimum Balance to Open Account: $100
• Monthly statement with images
• Service Charge
  • No service charge if balance is $1.000+
  • $1 if balance is less than $1,000

Business Savings Accounts

Small Business Account

• Interest bearing
• Minimum Balance to Open Account: $100
• Service Charge
  • Balance falls below $100: $3
• Certain withdrawal limitations apply
• No interest paid if balance falls below $100