Business Solutions: Checking Accounts
Business Account Information Center
> Interest Rates
> How does Account Analysis work?
> Important Account & Fee Changes (effective May 1, 2012)
Business Account Choices
> Business Analysis Checking
> Small Business Checking
> Community Checking
> Business Owner Checking
| Business Analysis Checking |
| Minimum to Open |
$100 |
| Minimum Balance |
None |
| Monthly Service Fee |
Service fee based on account analysis
Find out how Account Analysis works. Go>
Transactions:
- Unlimited |
| Interest |
None |
| Other Services Included |
- ReadyNet® WORKS Internet Banking
- ReadyLine Telephone Banking
- Optional eStatement |
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| Small Business Checking |
| Minimum to Open |
$100 |
| Minimum Balance |
None |
| Monthly Service Fee |
$12 or no charge with a minimum of $30,000 of combined
balances in business checking or savings or a balance
of $100,000 in a business loan or line of credit
Transactions:
- 100 withdrawals and 100 deposits and items deposited
per monthly statement cycle, no charge
- Over 100 withdrawals and 100 deposits and items
deposited per monthly statement, 50¢ each |
| Interest |
None |
| Other Services Included |
- ReadyNet® WORKS Internet Banking
- ReadyLine Telephone Banking
- Optional eStatement |
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| Community Checking (for sole proprietors and most non-profit organizations only) |
| Minimum to Open |
$100 |
| Minimum Balance |
None |
| Monthly Service Fee |
None, with required eStatement
Transactions:
- 200 withdrawals per monthly statement cycle, no charge.
15¢ per withdrawals over 200 per monthly
statement cycle;
- 100 deposits per monthly statement cycle, no charge.
13¢ per deposit over 100 per monthly
statement cycle. |
| Interest |
Accrues daily and compounded monthly on collected daily
balance of $2,000 and above.*
- Interest Rates |
| Other Services Available |
- ReadyNet® WORKS Internet Banking
- ReadyLine Telephone Banking
- Required eStatement |
*Variable Interest Rate.
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| Business Owner Checking (for sole proprietors and most non-profit organizations only) |
| Minimum to Open |
$100 |
| Minimum Balance |
$1,500 |
| Monthly Service Fee |
Below $1,500 - $10
Transactions:
- Unlimited |
| Interest |
Accrues daily and compounded monthly on collected daily
balance of $1,500 and above.*
- Interest Rates |
| Other Services Available |
- ReadyNet® WORKS Internet Banking
- ReadyLine Telephone Banking
- Optional eStatement |
*Variable Interest Rate.
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