Please review the account details to determine which features best fit your needs. Or visit our office and let us help you make the best decision for you!
Basic Business Checking Account
A basic, no-frills business checking account designed for small to medium business and non-profit.
| Requirements |
Minimum to Open ~ $750 |
| Benefits |
Images Returned With Statement
No Charge Monthly Fee with Balance $750 or More
No Charge First 20 Debits per Month ~ Free |
| Cost |
Monthly Fee with Balance under $750
$12 Debit Charge after 20 Items per Month $0.25
|
Basic Business Checking Plus Interest 1,3
A basic, no-frills business checking account designed for sole proprietors and other entities eligible for interest-bearing checking accounts.
| Requirements |
Minimum To Open ~ $750
Minimum Collected Balance To Earn Interest ~ $1,000 |
| Benefits |
Images Returned With Statement ~ No Charge
Interest Compounded and Paid ~ Monthly |
| Cost |
Monthly Fee With Balance $2,000 Or More ~ No Charge
Monthly Fee With Balance Under $2,000 ~ $12
First 20 Debits Per Month ~ Free
Debit Charge After 20 Items Per Month $0.25 |
Money Market Account 1,2
A money market investment account for businesses with excess cash balances which wish to earn a higher yield while maintaining liquidity. Limited check writing capability.
| Requirements |
Minimum To Open ~ $1,000
Minimum Collected Balance To Earn Interest ~ $1,000 |
| Benefits |
Monthly Fee With Balance $1,000 Or More ~ No Charge
Interest Compounded and Paid Monthly |
| Cost |
Monthly Fee With Balance $1,000 Or More ~ No Charge
Debit Charge After 3 Per Statement (Each) ~ $5
Maximum 3rd-Party Withdrawals Per Statement ~ 6 |
Main Money Account 1,2
A money market investment account for businesses with excess cash balances which wish to earn a higher yield while maintaining liquidity. Limited check writing capability.
| Requirements |
Minimum To Open ~ $2,500.
Minimum Collected Balance To Earn Interest $2.500.
~Tiered Rates Based on Balances~ |
| Benefits |
Monthly Fee With Balance Under ~ $2,500. ~ $15
Interest Compounded and Paid ~ Monthly |
| Cost |
Monthly Fee With Balance $2,500. Or More ~ No Charge
Debit Charge After 3 Per Statement (Each) ~ $5
Maximum 3rd-Party Withdrawals Per Statement ~ 6 |
Business Checking with Account Analysis
Designed for businesses with high transaction volumes and average balances. Allows businesses to offset fees and monthly charges against an earnings credit.
| Requirements |
Minimum To Open ~ $1,000 |
| Benefits |
Earnings Credit on 90% Of Average Collected Balance
Interest Rate: 90-Day T-Bill Rate
Monthly Fee ~ $10
Items Returned with Statement ~ No Charge
Month-End Statement ~ No Charge
Monthly Analysis Statement ~ No Charge |
| Cost |
Debit Charge For Each Item Paid ~ $0.15
Credit Charge For Each Deposit ~ $0.15
Credit Charge For Each Item Deposited ~ $0.12 |
Basic Business Savings 1,2
Designed to keep your cash reserves working – yet readily available when you need them.
| Requirements |
Minimum To Open ~ $500 |
| Benefits |
Interest Compounded and Paid ~ Monthly
Minimum Collected Balance To Earn Interest ~ $500
Interest Rate: 90-Day T-Bill Rate |
| Cost |
Monthly Fee ~ $7
Withdrawal Charge After 1 Per Month ~ $1 |
MainStream Savings Account 1,2
A savings account with a premium yield.
| Requirements |
Minimum To Open and earn Higher Yield ~ $5,000
Quarterly Fee with Balance of $5,000 or more ~ No Charge
Quarterly Fee with Balance under $5,000 ~ $25
A checking account must accompany this account |
| Benefits |
Higher Yield than most savings accounts
Interest Compounded and Paid ~ Quarterly
Statement delivery electronically via the Internet |
| Cost |
Debit Charge via the Internet after 1 per Quarter ~ $25
Over the Counter Withdrawals ~ $4 |
1. Interest Rates and Annual Percentage Yields (APY) are variable and may change at any time at the Bank’s discretion. No floor or ceiling has been established. A minimum collected balance must be maintained to obtain the APY. The minimum collected balance that must be maintained is equal to the "Minimum Collected Balance to Earn Interest" amount disclosed for each product. We use the daily collected balance method to calculate interest on your account. This method applies a daily periodic rate to the collected balance in the account each day. We use an interest accrual basis of 365 days for each day of the year. Interest begins to accrue no later than the business day after the bank receives credit for the deposit of non-cash items such as checks. Accrued but unpaid interest may not be paid if the account is closed. Seven Days notice of withdrawal may be required.
2. Pre-authorized automatic and telephonic transfers to a third party or another account of the depositor of this Bank are limited by Federal Regulation to six per statement. No more than three of these may be made by check, draft or similar external order to pay.
3. Federal eligibility requirements apply.