man and woman stand in their shop while the woman holds an open sign
There is no minimum balance requirement in your business checking account. Your net collected balance receives a monthly earnings credit, which is used to offset the service fees listed below:
Fee Schedule
Monthly Maintenance – $10.00
Check or Debit Item (each) – $0.18
Deposits – No Charge
Deposited Items (each) – $0.06
“On Us” Checks – No Charge
Currency & Coin – No Charge
Minimum Account Balance – $400
Monthly Maintenance Fee – $6.00 (If below minimum account balance)
Debits to Account (each) – $0.18 (First 50 are free)
Items Deposited to Account (each) – $0.06 (First 50 are free)
“On Us” Checks – No Charge
Minimum Account Balance – $1,000
Monthly Maintenance Fee – $7.50 (If below minimum account balance)
Debits to Account (each) – $0.18 (First 50 are free)
Items Deposited to Account (each) – $0.06 (First 50 are free)
“On Us” Checks – No Charge
Basic business checking accounts are limited to individuals operating under a trade name, sole proprietorships, certain non-profit organizations and trusts.
You must deposit $2.500.00 to open this account and you must maintain a minimum balance of $2,500.00 in the account each day to obtain the annual percentage yield disclosed.
Account balances of $2,500 or more will have no maintenance fee or withdrawal fees charged.
Monthly Maintenance Fee – $7.50
Fee per withdrawal – $0.25
You may not make more than six (6) transfers and withdrawals from your account per month by means of a preauthorized or automatic transfer or telephone (including data transmission) agreement, order or instruction or by check, draft, debit card or similar order payable to third parties. Interest rates and annual percentage yields vary depending on the amount in your account. An additional rate sheet will show the tiered rate schedule for this account. ATM/Checkcard is not available with the HI-FI money Market Accounts.
(Churches, 4-H, etc.)
Account balances of $25.00 or more will have no maintenance fee or debit fee charged.
Account balances that fall below $25.00 at any time during the quarterly cycle will be charged a $3.00 maintenance fee plus $.25 per debit.
The statement frequency is quarterly.
