Business Banking

Business Checking

Business Now Accounts - Eligible Businesses

• Individuals including Sole Proprietors or DBA's
• Non Profit Organizations
  • Religious
  • Philanthropic
  • Charitable
  • Educational
  • Political
  • Governmental Units (not foreign government)
  • Similar Organizations

Regular Business Checking - Eligible Businesses

• Corporations
• Partnerships
• LLC's
• Other for profit organizations

Fees associated with Business NOW accounts and regular business checking accounts include:

• $0.05 per check deposited
• $0.15 per check drawn
• $0.30 per deposit
• $5.00 monthly service charge

Business Checking Account Features
The following items are included at no extra charge:

• Online Banking
• 24 Hour Phone Banking
• Imaged Statements
• Deposit Bags (zipper or lock style)
• Endorsement Stamps
• Debit Card (no business name)

Savings

Money Market Savings

• $2,500 Minimum Initial Balance
• $2,500 Minimum Daily Balance for MM rates. Rates may change daily.
• Interest paid on collected balance & compounded monthly
• Interest Changes to passbook savings rate if balance falls below $2,500.00
• Higher interest rates paid for balances over $10,000, $50,000, $100,000 and $200,000
• Monthly statements issued

Passbook Savings

• $5.00 Minimum balance required
• Interest compounded daily and paid quarterly. Rates may change daily.
• Statements issued quarterly

Loan Services

• Commercial Loans
• Lines of Credit
• Small Business Loans
• Equipment Loans
• Bridge Loans
• Construction Loans
• SBA Loans 7(a) & 504
• Operating Loans
• Acquisition Loans
• Letters of Credit
• Real Estate Loans

Soon to be Available

• Remote Deposit Capture

Other Products and Services

• Merchant Credit Card Processing
• Visa/Mastercard for business use
• Employers HSA's
• Direct Deposits
• Insurance
• Advantage Banking (Employee Benefit)