Description
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For businesses that generate 1,000 or fewer monthly items
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Perfect for businesses that maintain larger balances and want to earn interest |
For businesses with more complex banking needs |
Features
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- No minimum or average balance requirement
- 1,000 FREE items per statement cycle
You may deposit 1,000 items (checks, for example) or write 1,000 checks (including electronic debits) or any combination thereof, provided you do not exceed a total of 1,000 items deposited and checks written per statement cycle.
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- Items charged on a per-item basis: $0.12 for each deposit, each deposited item, and each check paid (including electronic debits)
- Earns interest
- No minimum or average balance to earn interest
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- Items charged on a per-item basis: $0.12 for each deposit, each deposited item, and each check paid (including electronic debits)
- Earnings credit allowance
An earnings credit, at the rate to be determined by the Bank in its discretion and changeable at any time without notice, and based on the average collected balance, will be applied to help offset the monthly maintenance fee and item fees, but will not exceed these fees.
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