Eligibility Requirements
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None
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None
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NOW Account for Non-Profit Organizations and Sole Proprietors
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Minimum Balance to Open
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$100
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$100
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$100
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Service Charge per Statement Cycle
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$10
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Based on Account Analysis
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None
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Minimum Balance to Waive Service Charge
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$5,000 combined daily balances in business checking and/or savings accounts
or $100,000 minimum outstanding balances in a business loan or line of credit
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N/A
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N/A
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Interest Computation and Crediting
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N/A
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N/A
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Accrues daily; Credited to the account monthly; Does not compound
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Minimum Daily Balance to Earn Interest
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N/A
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N/A
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$2,000
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Transaction Limitations
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- 150 deposited items per statement cycle at no charge; $0.50 fee for each additional deposited item
- 100 withdrawals per statement cycle at no charge; $0.50 fee for each additional withdrawal
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Fees Based on Account Analysis
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- 100 deposited items per statement cycle at no charge; $0.13 fee for each additional deposited item
- 200 withdrawals per statement cycle at no charge; $0.15 fee for each additional withdrawal
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Additional Information |
Each related account used for combined balances must be held with NDBT and in the name of the same account owner and is subject to minimum balance requirement per account type.
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For specific fee information, refer to our business fee schedule or the Treasury Management agreement(s) applicable for your account relationship.
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N/A
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