Designed for businesses that have fewer than 100 statement transactions per month.
Limitations:
- This account is not available to CRBs, MSBs, or ATM owner/operators
Key Benefits
- Free Business Debit Card
- Free monthly e-Statement
- Free Direct Line 24 (telephone banking)
- Unlimited Customer Service Assistance
Minimum Opening Deposit - $100
Minimum Balance Requirement - $5,000
Monthly Service Charge: $18
By maintaining a minimum balance of $5,000 and conducting fewer than 100 monthly transactions, you avoid the monthly service charge.
First 100 transaction items are free
- $0.20 per statement entry over 100 during the statement cycle
- $0.10 per deposit item over 100 during the statement cycle
Transaction items include debits, deposits, items deposited, and transfers.
An FDIC Insurance Fee will be assessed at the current rate and may be offset by earnings credit.
Non-interest-bearing
Activate free eStatements to avoid a $3 monthly paper statement fee