Checking
FEATURES FOR ALL CHECKING ACCOUNTS
- $100 Minimum Deposit to open
- Free Internet Banking Available
- Imaged Monthly Bank Statements
- Electronic Statements Available
Small Business Checking
- $10 Monthly Maintenance Fee (can be avoided by maintaining a $2,000 monthly average collected balance)
- 150 deposited items free ($0.30 per item in excess)
- 150 debited items free ($0.30 per item in excess)
Business Interest Checking
- (For individuals, sole proprietorships, spouses operating unincorporated businesses, and non-profit organizations)
- Tiered Interest Rate Structure
- Interest compounded daily, credited monthly and paid on the collected balance;. No minimum balance required to earn interest.
- $10 Monthly Maintenance Fee (can be avoided by maintaining a $1,500 minimum daily ledger balance or a $2,500 monthly average collected balance.) No minimum balance required to earn interest.
- 75 deposited items free ($0.15 per item in excess)
- 75 debited items free ($0.15 per item in excess)
Commercial Analyzed Checking
- A monthly account analysis determines the monthly balance available to reduce or eliminate any maintenance fee or service charges. An earnings allowance, computed using the positive average collected balance, less a 10% reserve requirement, is used to offset analysis activity charges each month. This allowance is based on current market rates and is subject to change. The following criteria apply:
- Non-interest bearing account
- $12 monthly maintenance fee
- $0.10 per deposited item
- $0.12 per debited item
- $0.25 per deposit
Non-Profit Checking
- (For Non-Profit Organizations Only)
- Tiered interest rate structure...interest will be compounded daily, credited monthly and paid on the collected balance. No minimum balance required to earn interest
- $5 monthly maintenance fee can be avoided by maintaining a $500 minimum daily ledger balance or a $1,000 monthly average collected balance.
- 100 deposited items free ($0.15 per item in excess)
- 100 debited items free ($0.15 per item in excess)