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Business Checking Accounts

Basic Business Checking

This is a free account for small businesses with 100 or fewer items per month.

  • Minimum Opening Deposit: $100
  • No Minimum Balance
  • No Monthly Fee
  • First 100 checks, deposits or deposited items per month free of charge. $0.50 per item thereafter, regardless of the account balance.
  • Free eStatements (There is a $3/month fee for paper statements)

Small Business Checking

This account is designed especially for small businesses with a low to moderate volume of monthly checking transactions.

  • Minimum Opening Deposit: $100
  • Monthly Account Maintenance Fee: None (if $5,000 average daily balance is maintained). $9 each statement period if the average daily balance for the statement period falls below $5,000.
  • First 200 checks, deposits or deposited items per month free of charge. $0.50 per item thereafter, regardless of the account balance.

Business Interest Checking

Interest-earning checking accounts are available for individual proprietorships and non-profit corporations.

  • Minimum Opening Deposit: $100
  • Monthly Account Maintenance Fee: $9
  • Interest rates established at the discretion of the bank.
  • Interest rate is applied on the investable balance.
  • When the monthly statement is prepared, interest will be posted to the account and an activity fee will be charged.
  • Contact us to receive an activity fee rate schedule.

Commercial Checking

An analyzed account for businesses with large volume transactions and complex needs.

  • Minimum Opening Deposit: $100
  • Monthly Account Maintenance Fee: $9
  • Multiple accounts of the same business may be consolidated for analysis purposes.
  • Analyzed monthly and the activity fees are subtracted from the earnings allowance on the investable balance in the account. (See Fee Schedule for transaction fees.)
  • The earnings allowance is determined by taking the average of the 91-day Treasury Bill auction discount rate and applying it against the average investable balance.
  • Analysis statement available each month to each customer receiving a service charge. This statement breaks down the services used, the cost, and the earnings allowance on the deposit balances.
  • Accounts subject to service charges will be debited approximately the 10th of the month for charges due from the previous month’s activity.
  • Contact us to receive an activity fee rate schedule.

Non-Profit Organization Checking

Unincorporated non-profit organizations such as clubs, charitable organizations, and religious groups may open this type of account.

  • Minimum Opening Deposit: $100
  • No Monthly Maintenance Fee
  • No Minimum Balance
  • If your account has a balance of less than $100.00 and has had no activity for one year, there is a $5.00 per month charge unless activity is resumed.
  • There is a charge for personalized checks which varies according to the style selected.

Whatever your business goals, we are here to help you succeed.

Download an Overview of Our Commercial Financial Services »

For more details, contact:

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