Business Checking Accounts
Accounts Designed for Businesses at any Stage
Whether your business is in the early start-up phase or one with many years of success behind it, we have the checking account to meet your needs.
Business Checking
| Product Name |
Account was created for: |
Special Features |
Service Fees |
Account Analysis |
Check Images |
| Commercial Business Checking |
Business customers with moderate to high monthly transaction levels. |
- Earnings credit may partially or totally offset service fees.
|
- Monthly Service Fee - $9.50
- Debits (Checks Paid) - $0.15 per item
- Credits (Deposits) - $0.27 per item
- Foreign Items Deposited (not on our bank) - $0.08 per item
- Local Items Deposited (on our bank) - $0.05 per item
- Cash Deposited - $0.08 per $100.00
- Return Items - $5.00 per item
- Federal Reserve Requirement – 10%
- Uncollected Funds Rate – Prime + 3%
|
Yes |
Yes |
| Business Advantage Checking (with or without interest) |
Businesses with low to moderate check writing needs. |
- 100 free transactions per month with no monthly service fee.
|
- One flat fee for all debits and credits of $0.35 after the first 100 transactions per month.
|
No |
Yes |
| Community Checking |
Non profit and other large community organizations. |
- Earnings credit may partially or totally offset service fees.
|
- Monthly Maintenance Fee - $2.00
- Debits (Checks Paid) - $0.10 per item
- Credits (Deposits) - $0.10 per item
- Foreign Items Deposited (not on our bank) - $0.06 per item
- Local Items Deposited (on our bank) - $0.045 per item
- Cash Deposited - $0.08 per $100.00
- Return Items - $5.00 per item
- Federal Reserve Requirement – 10%
- Uncollected Funds Rate – Prime + 3%
|
Yes |
Yes |
We welcome the opportunity to recommend solutions that will complement your company's financial goals. Give us a call at 218-625-1268 or contact us for an appointment. You can also apply online now.
Accounts at Zero Balance: All deposit accounts (Checking, Savings and Money Market Savings) with a balance of zero for 35 consecutive days will be automatically closed.