Interest Plus Checking

Interest Plus Checking: Sole Proprietorships, Non-Profit, Public Funds

Interest Plus checking is a tiered rate interest checking account for your sole proprietorship, non-profit organization, or public entity.

• Minimum Opening Deposit: $1,000.
• Minimum balance: $1,000.
• Monthly Service Charge: $10 if the balance falls below the minimum.
• Other Service Charges: None – Unlimited Transactions.
• Interest: Interest is calculated based on simple interest applied to the daily collected balance. Interest is credited at statement time, and is not available for early withdrawal.
• The rate earned is based on the following tiers:
  • $ 0 - $ 4,999
  • $ 5,000 - $ 9,999
  • $ 10,000 - $24,999
  • $ 25,000 - $49,999
  • $ 50,000 - $99,999
  • $100,000 +
• Statement: Monthly statement with imaged checks.