Business Accounts

Commercial Checking

This account is designed for corporate accounts and mid-size companies with larger volumes of transactions. Although interest cannot be earned on this account, charges are offset by a monthly earnings credit applied to the balance.

  • Monthly maintenance fee $6
  • Per check paid $.12 (The first 25 checks paid in each statement cycle are free)
  • Per Deposit Item $.10 (The first 25 items deposited in each statement cycle are free)
  • Earnings Credit = Average of the previous month’s 91-day Treasury Bill Auction Rate x the Average Available Balance less reserve requirements

Budget Checking

An economical account designed for small businesses.

  • Minimum opening deposit of $100
  • Monthly maintenance fee of $3.00 regardless of balance
  • The first ten checks paid in a monthly statement cycle are free. Each check thereafter is processed for $.50

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