| Features & Benefits |
Small Business Checking |
Business Analysis Checking |
| Service Fees |
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Minimum Daily Balance Requirement (to waive monthly service fees)
$100 to open account |
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| Monthly Service Fee |
$5.00 monthly service fee
150 items per statement period.
($0.20 per item in exceses of 150)
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$10 monthly maintenance fee
** Service charge is offset by earning credit based on current month's average positive collected balance (minus the 10% reserves maintained with the Federal Reserve).
Account Analysis fees include:
Checks $0.15 each
Deposits $0.25 each
Deposited checks $0.09
Returned Items $1.50
Change Request:
Currency $0.35/$1,000
Coin $0.15/roll
Night deposit bags $15 per bag/per yr
$30 NSF
$30 stop payments
$10 outgoing wires
$10 incoming collections
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| Interest Earned |
No |
No |
| Cards & ATMS |
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| Free Check Card |
Yes |
Yes |
| Online Services |
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| Online Banking |
FREE & UNLIMITED |
FREE & UNLIMITED |
| Teller & Phone Services |
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| Telephone Access |
FREE & UNLIMITED |
FREE & UNLIMITED |
| Teller Transactions at Branch |
FREE & UNLIMITED |
FREE & UNLIMITED |
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Additional Benefits
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Sweep Account:
What is a Sweep Account?
A sweep account is actually two separate accounts: a checking account, and an interest bearing money market account. Funds are simply transferred between the two accounts to maximize your interest earning power.
How does a Sweep Account work?
A target balance is set in the checking account. When the balance exceeds the target balance, the excess funds are automatically transferred to the interest bearing account and interest is earned on the funds. When the balance in the checking account falls below the target balance, funds are then automatically transferred from the interest bearing account back to the checking account, maintaining the target balance on a daily basis.
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