For businesses with high transaction volume, this account provides maximum value with the added benefit of an earnings credit to offset monthly fees.
Minimum deposit to open is $100.
Free introductory order of checks with endorsement stamp.
Unlimited check writing.
Allows fees and charges to be offset by an earnings credit.
The credit earned will be based on your current month's average positive collected balance less reserves maintained with the Federal Reserve at the average 90-day Treasury Bill discount rate. This earnings credit can be used to offset other fees that may apply.
Has an established floor (minimum) earnings credit rate of 1% . This means that as long as the 90-day Treasury Bill rates stay below 1% the analysis account will continue to earn a minimum earnings credit rate of 1%.
Allows a combination of business and personal deposit accounts (excludes CDs) to offset fees. Your personal and business accounts remain separate but the balances work together to help avoid fees. Interest earned on MMA, Savings Accounts & NOW accounts will be applied as fees.
Monthly maintenance fee is only $10.
First 125 transactions are free. After 125, additional transactions are $.13 each (includes items deposited and items paid). Other fees may apply for wires, coin & currency orders, cash handling, stop payments, etc.
Fees may reduce earnings on account.
Additional fees and charges may apply.
