Business Interest
If you are a sole proprietor or non-profit corporation, you can earn an interest rate on deposited funds with no limitation on debit transactions. (Federal regulations prevent us from offering this account to "For-Profit," L.L.Cs or Partnerships.
| APY | .10 % |
| Monthly Service Charge | $9 |
| Transaction Fee (deposit/withdrawal) | $.15 each |
| Transit Items Deposited: 500 items or less 501-1,000 items 1001 items or more |
$.10 each $.09 each $.08 each |
| On-Us Item Deposit Fee |
$.05 each |
| Business Check Card Issue Fee Annual Fee |
$0 $0 |
| ATM Transaction Fee* | $1 each |
| Chargeback Fee | $4 |
A fee will be charged when the average collected balance is negative. This fee is determined based on the Federal Funds Rate plus 4%.
Interest paid on every dollar of collected balance less reserve requirement.
*When you use a terminal not owned by us, the ATM owner/operator may charge additional fees. A CIRRUS fee of $1.00 is also charged.
Annual Percentage Yield (APY) as of 12/15/09 and subject to change at the bank's discrection. Rate may change after the account is opened. Fees could reduce the earnings on the account.
