Commercial Checking
A commercial checking account from BancorpSouth allows you to manage your funds, providing an accurate financial record of your business transactions with monthly statements and images of your checks returned.
MONEY MARKET BUSINESS PLUS
Money Market Business Plus accounts earn interest at a competitive rate determined solely by the Bank and subject to change weekly. Interest is paid on the collected balance based on the daily balance method. Should the daily ledger balance fall below $1,000, the rate of interest will be the Checking+Plus rate. Interest is available on a daily basis and is credited and compounded monthly. If you close your Money Market Business Plus account before interest is credited, you will receive interest through the date of closing.
No monthly service charge with a balance of $1,000 or more
A monthly service fee will apply when the balance falls below $1,000
Overdrawn accounts are subject to a monthly rate not to exceed 5% above the Federal Reserve Discount Rate. Federal regulations limit this account to 6 transactions per month, 3 of which may be by check or debit to third parties.
CHECKING+PLUS: SOLE PROPRIETORSHIPS AND NONPROFIT ORGANIZATIONS
Sole proprietorships and non-profit organization checking accounts earn interest at a competitive rate subject to change weekly. Interest is paid on the collected balance using the daily balance method. Interest is earned daily and credited and compounded monthly.
No monthly service charge with a balance of $1,000 or more
A monthly service charge will apply when the balance falls below $1,000
First 40 checks or debits free
$.20 per check/debit in excess of 40
First 20 items deposited free
$.08 per items deposited in excess of 20
Overdrawn accounts are subject to a monthly charge not to exceed 5% above the current Federal Reserve Discount Rate.
Service fees and per item charges are subject to change without prior notification.