Business Checking

Basic business checking

A Basic business checking account available to all business customers.

Minimum Investment: A minimum deposit of $500.00 is required to open a business checking account. A minimum daily balance of $500.00 must be maintained to avoid a $5.00 service charge.
Rate: Non-interest bearing account.
Benefits:

No per check paid fee.
No per foreign check deposited fee.
No per deposit fee.
Funds are completely accessible simply by writing a check.
An unlimited number of checks may be written without a penalty.
Safe, easy way to pay bills.
Direct deposit available.
Debit card available.
Monthly statements.
Tie-in with statement savings accounts for one monthly statement.
FDIC insures funds up to $250,000.00. (Certain rules apply)

NOW Checking

A Basic interest bearing checking account available to all sole proprietorships, nonprofit organizations and nonprofit corporations.

Minimum investment: A minimum deposit of $500.00 is required to open a now checking account. A minimum daily balance of $500.00 must be maintained to avoid a $10.00 service charge plus forfeiture of interest.

Rate: The interest rate and annual percentage yield may change at any time. [view rates]

Benefits:

Interest bearing account.
Funds are completely accessible simply by writing a check.
An unlimited number of checks may be written during the month without a penalty.
Safe, easy way to pay bills while earning interest.
Debit card available.
Direct deposit available.
Monthly statements.
Tie-in with statement savings accounts for one monthly statement.
FDIC insures funds up to $250,000.00. (Certain rules apply)

Money Market Deposit Account

Interest bearing checking account the higher daily balance requirements earn higher rates than a regular interest bearing account.

Minimum investment: A minimum deposit of $2,500.00 is required to earn the highest interest. A minimum daily balance of $1,500.00 must be maintained to avoid a $15.00 service charge plus forfeiture of interest.

Rate: The interest rate and annual percentage yield are subject to change at any time. Balances between $1,500.00 and $2,500.00 earn a lower rate of interest. Balance under $1,500.00 do not earn interest.

Benefits:

Account is accessible without going to the bank.
No limit on the number of ATM withdrawals, internal transfers or cash withdrawals conducted in person.
FDIC insures funds up to $250,000.00. (Certain rules apply)

restrictions:

A limit of 6 transfers per month can be conducted on this account with regards to preauthorized or automatic transfers (ACH), third-party check, telephone, fax, point-of-sale, and internet banking system transactions. A fee of $15.00 will be charged every statement period if the limit is exceeded.

Interest on Lawyer's Trust Accounts (IOLTA) Checking

A checking account for attorneys to administer trusts funds. The interest earned goes to the state to subsidize legal fees for those who cannot afford attorneys.

Minimum investment: No minimum deposit requirement. Interest earned is sent to IOLTA every month.

Rate: The interest Rate and annual percentage yield may change at any time. Please contact a customer service representative for current rate information.

Benefits:

Interest earned is sent to IOLTA on a monthly basis.
No monthly maintenance fee.
No per check paid fee.
No per foreign check deposited fee.
No per deposit fee.
Funds are completely accessible simply by writing a check.
An unlimited number of checks may be written without a penalty.
Direct deposit available.
Monthly statements.
FDIC insures funds up to $250,000.00. (Certain rules apply)