Checking
| Business Checking | |
|---|---|
| Minimum Opening Balance | $100 |
| Minimum Balance (to avoid fees) |
NA |
| Fees | $5 monthly maintenance fee; waived if enrolled in online statements $0.15 per debit item1 $0.16 per credit item $0.06 per item deposited Uncollected funds fee if applicable2 |
| Additional Information | Earnings credit-bearing3 |
| More Benefits |
SHAZAM® Debit Card |
1The first 15 debits will be free, unless the account accrues more than 15 debits. In that case, all 15 debits will be charged as normal.
2Uncollected funds fee: If the month’s average collected balance is negative, the account will be charged an additional fee based on a rate set by the bank and subject to change and applied to the month’s average collected balance.
3Earnings credit: An amount will be calculated each month to partially or completely offset the calculated monthly charge. It is based on a rate determined by the bank and subject to change and applied to the month’s average collected balance less a 12% reserve requirement.
Interest
| Business Interest | |
|---|---|
| Minimum Opening Balance | $1,000 |
| Minimum Balance (to avoid fees) |
NA |
| Fees | $5 monthly maintenance fee; waived if enrolled in online statements $0.15 per debit item1 $0.16 per credit item $0.06 per item deposited Uncollected funds fee if applicable2 |
| Additional Information | Interest-bearing3 |
| More Benefits |
SHAZAM® Debit Card |
1The first 15 debits will be free, unless the account accrues more than 15 debits. In that case, all 15 debits will be charged as normal.
2Uncollected funds fee: If the month’s average collected balance is negative, the account will be charged an additional fee based on a rate set by the bank and subject to change and applied to the month’s average collected balance.
3Earnings credit: An amount will be calculated each month to partially or completely offset the calculated monthly charge. It is based on a rate determined by the bank and subject to change and applied to the month’s average collected balance less a 12% reserve requirement.
Public Funds NOW
| Public Funds NOW Account |
|
|---|---|
| Minimum Opening Balance | $1,000 |
| Minimum Balance (to avoid fees) |
NA |
| Fees | $5 monthly maintenance fee; waived if enrolled in online statements $0.15 per debit item1 $0.16 per credit item $0.06 per item deposited Uncollected funds fee if applicable2 |
| Additional Information | Interest-bearing3 |
| More Benefits |
SHAZAM® Debit Card |
1The first 15 debits will be free, unless the account accrues more than 15 debits. In that case, all 15 debits will be charged as normal.
2Uncollected funds fee: If the month’s average collected balance is negative, the account will be charged an additional fee based on a rate set by the bank and subject to change and applied to the month’s average collected balance.
3Earnings credit: An amount will be calculated each month to partially or completely offset the calculated monthly charge. It is based on a rate determined by the bank and subject to change and applied to the month’s average collected balance less a 12% reserve requirement.
Organizational
| Organizational | |
|---|---|
| Minimum Opening Balance | $100 |
| Minimum Balance (to avoid fees) |
$200 |
| Fees | $2 minimum balance fee |
| More Benefits |
SHAZAM® Debit Card |
Trust Commission
| Trust Commission Accounts | |
|---|---|
| Minimum Opening Balance | $1,000 |
| Minimum Balance (to avoid fees) |
$1,000 |
| Fees | $10 minimum balance fee |
| Additional Information | Interest-bearing |
| More Benefits | Online Banking & Mobile Banking |
