Business Banking Business Checking

Business Checking is a noninterest bearing commercial account for businesses with a large amount of monthly activity. The monthly charges are offset by an Earnings Credit which is applied to the minimum daily ledger positive balance in the account.

Fees and Details include:

• Minimum Deposit to Open: $1,000.00
• Service Charge: $15.00
• Deposit or Credit (ea): $0.30
• Check or Debit Paid (ea): $0.14
• Deposited Item: $0.08
• Cash (in $1,000 increments): $0.08
• Imaged Statement: No Charge
• Zippered Money Bag: No Charge

Earnings Credit

The Earnings Credit is based on a percentage of the Federal Funds Rate at the beginning of the current month to the daily ledger positive balance. The Earnings Credit is used to offset Service Fees on the Business Checking account each month. If the calculated Earnings Credit is less than the accrued fees, the difference will be charged to the account. To maximize the benefits of the account balance maintained, most fees related to this account will be charged through account analysis.

Fees are subject to change.