Business Checking Accounts |
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We understand you would rather spend time running your business than managing your finances, so we offer a wide range of electronic banking services with all of our business accounts that will help maximize your business’ efficiency and cash flow. Our business checking accounts are designed to fit any size business from start-ups and at home businesses to corporate accounts with high transaction activity. To get started, please visit us at one of our branch locations. |
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Products Comparison
| Product1 | Economy
Business Checking | Basic
Business Checking | Business Interest
Checking | Analyzed
Business Checking | Business
Money Market |
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Description |
Designed for start-ups and at-home businesses with low to moderate transaction activity |
Designed for small to medium sized businesses with typical transaction activity |
Available to non-profits, sole-proprietorships and legal service trust accounts |
An analyzed account that manages moderate to high transaction activity |
An account with a higher interest rate and limited withdrawal capability4 |
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Opening Deposit |
$100 |
$250 |
$1,000 |
$1,000 |
$1,000 |
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Service Charge Discounts |
$5 discount for eStatement3 and/or $10 discount with $2,500 average ledger balance |
$5 discount for eStatement3 and/or $25 discount with a $5,000 average ledger balance |
$5 discount for eStatement3 and/or $40 discount with a $10,000 average ledger balance ($7,500 for State Bar Accounts) |
Monthly service charge and/or item costs may be offset by earnings credit depending on account balance2 |
$5 discount for eStatement3 and/or $25 discount with a $7,500 average ledger balance |
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Monthly Service Charge |
$15.00 |
$30.00 |
$45.00 |
Starts at $15.00 |
$30.00 |
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Account Transaction Fees |
First 100 transactions per month included, then $0.20 per transaction4 |
First 200 transactions per month included, then $0.20 per transaction4 |
First 200 transactions per month included, then $0.20 per transaction4 |
See Deposit Rate and Fee Disclosure for individual item costs. Analysis statement detailing your account activity & service fees available online. |
First 100 transactions per month included, then $0.20 per transaction4 Limited withdrawals and transfers5 |
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Interest Bearing |
No |
No |
Yes, Tiered Interest Rate5 |
No |
Yes, Tiered Interest Rate5 |
| Other Available Services: | |||||
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Online Banking |
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Cash Management Services7 |
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Business CheckFree® Bill Pay7 |
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Visa® Business Debit Card with UChoose® Rewards |
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Disclaimers
1 Checking plans are subject to change without notice.
2 Earnings credit allowance is calculated by applying a tiered rate to your average available balance. If you fees exceed your earnings credit allowance, your account will be assesed a service charge. See our rate sheet for current rates.
3Online Banking is required to receive your monthly checking account statement electronically. To receive electronic delivery service, you must have a working connection to the Internet with e-mail capability and Abobe Reader® 5 or higher.
4 Transactions refer to any combination of paid and deposited items, including paper and electronic. Internal transfers initiated through Online Banking and Business Visa® Bonus Debit Card transactions are not included.
5 Regulation D limits certain types of withdrawal and transfer transactions you can make out of your money market account to a maximum combined total of six (6) per monthly statement cycle. A service charge of $10 will apply for each transaction that exceeds the limit. Please refer to our Account Terms and Conditions for details.
6 See current rate sheet for tiers and rates. Variable rate may change daily and interest is compounded daily. Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (for example, checks).
7 Additional fees apply. Please refer to our Deposit Rate and Fee Disclosure for details.