Business Checking
Our Business Checking account is designed to give you the most services possible without charge by use of an account analysis. An account analysis is a monthly evaluation of the activity on your accounts and the balances required to offset fees. It provides the detailed information needed to manage your accounts efficiently. With the analysis, you will receive “soft” charges for many services. In other words, the analysis will weigh the costs of the services you use with the potential earnings on your collected balance, at current market rates.

A compensating balance maintained in relation to the number of transactions on your account will automatically absorb the cost of your account for that month. An account with a net loss will be service charged for that amount only.

Business Checking accounts are designed for sole proprietors, partnerships, and corporations.

An account will be considered a business account if the primary use of the account is to conduct or maintain a business.

Business Checking accounts may be opened with a minimum deposit of $100.

Business Checking accounts will receive a monthly statement of account activity along with checks and deposit slip images.

Business Money Market

Business Money Market accounts may be opened with a minimum deposit of $2,500.

Accounts which frequently have a balance less than $1,000 and/or excessive activity may be converted to a Business Checking account and will be subject to the account analysis.

A maximum of three third-party checks are allowed each month. (FDIC regulation)

A statement of account activity will be mailed each month.

Business Money Market accounts receive a tiered interest rate.

Interest accrues on daily balances of $4,999.99 or more and is paid to the account each month.

Treasury Indexed Fund

Savings with check writing capabilities.

• Minimum opening balance is $25,000
• $9 monthly service charge if balance falls below $2,500 (this may reduce earnings)
• Up to six withdrawals each month; three may be made by check
• Unlimited transfers with internet banking, ATM or over-the-counter transfers
• Monthly statement without images or E-Statement
• Interest paid monthly

Business Now
Business NOW accounts are available for sole proprietors and not-for-profit corporations. An account will be considered a business account if the primary use of the account is to conduct or maintain a business.

Business NOW accounts may be opened with a minimum deposit of $100.

The interest earned on Business NOW accounts is paid monthly. Interest rates will be determined weekly based on market rates and are subject to change at any time.

Business NOW accounts will receive a monthly statement of account activity along with check and deposit slip images.

Business Budget
Our Business Budget checking account was designed with the small business in mind.

Business Budget accounts may be opened with a minimum deposit of $100.00 and a minimum balance of $500.00 must be maintained to avoid a monthly fee of $5.00.

The Business Budget account is designed for a business with few transactions and low volume. Checks over 50 per statement cycle are $.25 each.

There will be an allowance of 250 transit items (deposited items). Any item in excess of this number will be $.25 per item.

Business Budget accounts will receive a monthly statement of account activity along with checks and deposit slip images.