Business Checking Overview
Rates effective 06/03/24
Type | Minimum Balance to Avoid Service Charge | Minimum Balance to earn Interest¹ | Interest² | APY³ | Additional features | Monthly Service Charge | Additional Information |
---|---|---|---|---|---|---|---|
Essential Checking for Business |
$0 |
N/A |
N/A |
N/A |
50 free checks written & 50 free checks deposited each month.4
|
N/A |
|
Power Checking for Business |
$2,500 |
.01 |
.03% | .03% | 100 free checks written & 100 free checks deposited each month.4 | $10 | Avoid service charge by maintaining minimum balance each day of the statement cycle. |
All Checking Accounts Offer: Online Banking, Bill Payment Services, Electronic Statements (eStatements)5, Debit Card
Please see the Deposit Account Agreement & Disclosure for a listing of all terms and conditions. Fees could reduce earnings.
¹We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate to the principal balance in the account each day.
²Interest Rates are subject to change after the account is opened.
³APY= Annual Percentage Yield
4A fee of $0.25 applies per check written or deposited beyond the number included in this account.
5If paper statements are preferred, there is a fee of $5 per statement.
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