Commercial Checking

Our Commercial Checking account is for those businesses that do more than 175 transactions per month and/or needs to take full advantage of all our Treasury Management services. Plus you can get a detailed analysis statement combining all your commercial accounts.

• Minimum Opening Deposit: $100.
• Minimum balance Requirement: $0.
• Monthly Service Charge: $15 (regardless of the balance).
• Other Service Charges:
  • $.16 per debit posted, and $.30 per deposit. See analysis fees for the charge for items deposited. Commercial Accounts prearranged to deposit pre-encoded items receive a 2 cent discount per item.
  • An additional fee not to exceed 5% above the current discount rate will be applied if the average collected balance is negative.
• An earnings credit rate is calculated on the investable balance if the average collected balance is positive. This credit is applied to offset the service charge amount. The investable balance is the average collected balance less 10% (10% Federal Reserve requirement).
• Statement: Itemized monthly statement with imaged checks.
• Other: Monthly FDIC Insurance assessment of .0033% of the average ledger balance.