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Business Checking and Savings |
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| Business Checking Accounts | ||||||
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Name of Account |
Minimum Balance |
Opening Deposit |
Interest Bearing |
Transaction Fee |
Maintenance Fee |
Benefits |
| Regular Checking | $500 | Unspecified | N | If < $500 daily balance, $0.20 per ck/db | If < $500 daily balance, $7.00 charge | Fees waived to non-profit organizations & sole proprietors |
| *Super NOW Checking | $1,000 | $1,000 | Y | N/A | If < $1,000 daily balance, $8.00 charge | Interest on collected funds |
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*Value Plus+ Money Market Checking |
$2,500 |
$2,500 |
Y (tiered) |
N/A |
If < $2,500 daily balance, $8.00 charge |
Interest on collected funds No monthly or per ck/db fees |
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*Available to non-profit organizations, sole proprietors, and government entities. |
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| Business Savings Accounts | ||||||
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Name of Account |
Minimum Balance |
Opening Deposit |
Interest Bearing |
Transaction Fee |
Maintenance Fee |
Benefits |
| Regular Savings | $250 | Unspecified | Y, =>$100 balance | Balance < $250 & # of withdrawals > 5 per month, $0.50 fee on withdrawals > 5/mo. |
If < $250 $2.00 charge |
-Withdraw anytime -6 preauthorized transactions allowed |
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Power SavingsSM |
$2,500 |
$2,500 |
Y, $0.01 - $2,499.99 @ regular savings rate, (=>$2,500 Power Savings rate) |
N/A |
If < $2,500 $5.00 charge |
-Withdraw anytime -6 preauthorized transactions allowed |
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©
Copyright 2005 Member FDIC |
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