Comparison Chart
| Account Type | Small Business Checking |
Master Business Checking
| Business Interest Checking | Community Business Checking |
|---|
| Description |
Ideal for moderate to heavy activity with lower average balances. |
Best for companies that keep higher balances, which enables a monthly Earnings Credit that reduces or offsets service charges. |
An interest-bearing, business checking for lower activity accounts. |
Good option for those accounts that keep average balances below $1,000 |
| Minimum Balance to Avoid Service Charge |
$1,000 |
No Minimum Balance Required. |
$2,000 |
No Minimum Balance Required. |
|
Monthly Service Charge
|
$20.00
|
$15.00
|
$20.00 |
$15.00
|
|
Transaction Limits & Fees
|
200 Combined Free Items per month, $0.25 per Item after 200.
|
Unlimited transactions. Fee’s, including monthly service charge, are reduced or offset by Earnings Credit.
|
100 Combined Free Items per month, $0.25 per Item after 100. |
150 Combined Free Items per month, $0.25 per Item after 150.
|
|
Other Features
|
Online Banking, eStatements, Customized Account Alerts
|
Online Banking, eStatements, Customized Account Alerts
|
Online Banking, eStatements, Customized Account Alerts |
Online Banking, eStatements, Customized Account Alerts |
|
Interest
|
No
|
No
|
Yes1 |
No
|
1 This account is a tiered account. The minimum balance to open the account is $100 and $25,001 to obtain the highest disclosed APY. See Rate Sheet for Tiered Rates. Free items include individual checks, deposit items and deposit slips.
Add-On Services Include
Remote Deposit Banking
Remote Deposit Banking…a faster, easier way to make deposits
- Scan checks from your Home or Office using a Desktop check scanner
- View check images on your PC and confirm amount
- Electronically send your deposit to the bank
|
ACH Manager
ACH Manager…create electronic payments and deposits, safely and quickly
- Payments to vendors
- Payroll direct deposit
- Payments from customers
- Federal tax payments
|
Wire Processing
Wire Processing…end-to-end wire functionality with streamlined processing
- One-step wire entry reduces errors
- Online storage and retrieval of recurring wire templates
- Auto-fill wire entry
- Originate both domestic and foreign wires
|
|
