Entrepreneur Checking

Our Entrepreneur Checking is designed with the small business in mind. These accounts may be opened with a minimum deposit of $250.00 and no minimum balance must be maintained.

**This account is designed for a business with few transactions and low volume. Checks written or deposited over 50 per statement cycle are $.35 each and $1.00 per deposit batch.

Entrepreneur Checking accounts will receive a monthly statement of account activity along with checks and deposit slip images.

Commercial Checking

Our Commercial Checking account is designed to give you the most services possible without charge by the use of an account analysis. Account analysis is a monthly evaluation of the activity on your accounts and the balances required to offset fees. It provides the detailed information needed to manage your accounts efficiently. With the analysis, you will receive “soft” charges for many services. In other words, the analysis will weigh the costs of the services you use with the potential earnings on your collected balance, at current market rates.

A compensating balance maintained in relation to the number of transactions on your account will automatically absorb the cost of your account for that month. An account with a net loss will be service charged for that amount only.

Fees that are included in the account analysis are as follows:
Check paid: .20 each
Check deposited: .15 each
Deposit batch: .50 each
ACH Transactions: .15 each

Commercial Checking accounts are designed for sole proprietors, partnerships, and corporations.

An account will be considered a business account if the primary use of the account is to conduct or maintain a business.

These accounts may be opened with a minimum deposit of $500.

Commercial Checking accounts will receive a monthly statement of account activity along with checks and deposit slip images.

Business NOW Account*

Business NOW Accounts are available for sole proprietors and not-for-profit corporations. An account will be considered a business account if the primary use of the account is to conduct or maintain a business.

Business NOW accounts may be opened with and must maintain a minimum balance of $1,000 to avoid the $10 fee.

The interest earned on a Business NOW account is paid monthly. Interest rates will be determined weekly based on market rates and are subject to change at any time.

Business NOW accounts will receive a monthly statement of account activity along with check and deposit slip images.

Business Money Market*

Business Money Market accounts may be opened with a minimum deposit of $2,500.

Accounts which have a balance less than $2,500 in any month will be subject to a $35 fee.

A maximum of three third-party checks are allowed each month. (FDIC regulation)

A statement of account activity will be mailed each month.

Business Money Market accounts receive a tiered interest rate.

Interest accrues on daily balances of $2,500 or more and is paid to the account each month.