Business Checking Accounts Comparison Table
Comparison of business checking options
|
Small Business |
Standard Business |
Business Money Market |
Number of Transactions |
250 or less per month |
More than 250 per month |
Variable |
Account Maintenance |
$15 fee waived if: $500 minimum daily balance |
$18 Monthly Balance Management Fee:
$.05 / $1000 of Average Ledger Balance Accounts with a negative average collected balance for the month will be charged interest on that amount. The interest rate will vary and is based on the Prime Rate plus 4.00% with a floor of 7.25%. |
$20 per month if a $2500 minimum daily collected balance is not maintained |
Transaction Fees |
250 transactions (debits, credits, deposited items) per month at no charge. ($.50 per transaction more than 250.) |
50¢/counter deposit
15¢/item deposited
30¢/RDC credit
25¢/ACH credit
25¢/check or debit |
None |
Special Features |
Learn about Premier Small Business Checking and Small Business with Interest Checking. |
Fees are offset by an earnings credit. |
Interest Rate Tiers |
For a complete list of our business checking services, including Premier Small Business Checking, Small Business Checking with Interest, Business Savings, Not-for-Profit Checking and Public Funds Checking, view our Business Checking Services Price Listing.
Small Business Checking
- Designed to fit the needs of businesses that process less than 250 items per month.
- Sole Proprietorships, Partnerships and Corporations benefit from this lower-usage account.
Business and Organizational Checking
- Designed for businesses and organizations that process more than 250 items per month.
- Accounts receive credit for balances maintained.
- Your monthly average collected balance (less our reserve requirements) receives an “earnings credit."
Business Money Market
- A tiered account that pays you interest on the money you have earned.
Public Funds and Not-for-Profit Checking
Ask about our accounts designed specifically for municipal and not-for-profit organizations. These accounts offer both an interest-bearing and non-interest-bearing option.