Business Checking Account
- Non-interest bearing account
- $100.00 deposit to open
- Minimum balance of $2,500.00/day of statement cycle to avoid $10.00 service charge
- A $0.20/item fee will be charged for each item in excess of 100 during the statement cycle
Business Money Market Account
- Interest bearing account* with tiered interest rates and limited transactions
- $5,000.00 deposit to open
- Minimum balance of $1,000.00/day of statement cycle to obtain disclosed annual percentage yield. Interest will be compounded and credited to your account each statement cycle.
- Minimum balance of $5,000.00/day of statement cycle to avoid $10.00 service charge
- Transfers to another account or to third parties by preauthorized, automatic, telephone, or internet transfers are limited to 6 per statement cycle with no more than 6 by check, draft, or similar order to third parties.
- Excessive withdrawal fee of $5.00 will be imposed for each transaction in excess of above limits
*interest rates subject to change at any time