| Account Type | Opening Deposit | Monthly Service Charge | #Transactions Per Month | Visa Debit Card | Interest Bearing |
|---|---|---|---|---|---|
| Free Small Business Checking | $100.00 | None | 250 | Yes | No |
| Commercial Checking Plus | $100.00 | None when minimum balances are maintained | Unlimited | Yes | No |
| Business Interest Checking | $100.00 | None when minimum balances are maintained | Unlimited | Yes | Yes |
| Business Money Market | $2500.00 | None when minimum balances are maintained | 6 checks or third party debits | Yes | Yes, with tiered rates |
Free Small Business Checking
- No minimum balance required
- No monthly transaction fee
- Free Business Visa Debit Card
- Free Online/Telephone Banking
- Free Personal Checking (including employees)
Commercial Checking Plus
- Minimum daily balance of $5,000 in the Commercial Checking Plus account or $15,000 in combined daily balances in a linked Business Money Market account to avoid $15 monthly service charge.
- No monthly transaction fee
- Free Business Visa Debit Card
- Free Online/Telephone Banking
- Free Personal Checking (including employees)
Business Interest Checking (available for Non-Profit and DBA’s)
- Minimum daily balance of $1,000 to avoid monthly fee of $10 monthly service charge
- Tiered rates of interest
- Interest is compounded daily and credited monthly
- No monthly transaction fee
- Free Business Visa Debit Card
- Free Online/Telephone Banking
- Free Personal Checking (including employees)
Business Money Market
- Minimum daily balance of $2,500 to avoid $15 monthly service charge
- Monthly statements
- Limit third party transactions or pre-authorized transfers (including overdraft transfers) or transfers made by personal computer or telephone to six per month, no more than six of which may be check, draft, or debit card.
- Tiered rates of interest
- Interest is compounded daily and credited monthly
