Every successful business needs a checking account to help manage day-to-day operations efficiently and cost-effectively. Our Commercial Interest Checking account has the same great features as Commercial Checking; but offers the option to earn interest rather than an earnings credit on your account balances.
Unlike a noninterest-bearing checking account, which under the Dodd Frank Act Temporary Insurance Provision, is fully FDIC insured through December 31, 2012; balances in the Commercial Interest Checking account are aggregated with all other interest-bearing deposit accounts at the bank and insured only up to a limit of $250,000 per entity.
| Minimum Opening Balance |
$1,000 |
| Minimum Balance Required |
None |
| Monthly Maintenance Fee (w/ E-Statements) |
First Account - $20 |
| |
Each Addt’l - $10 |
| Monthly Maintenance Fee (w/ Physical Statements) |
First Account - $25 |
| |
Each Addt'l - $12.50 |
| Checks paid (debits) |
$0.20 |
| ACH items received – credits & debits |
$0.10 |
| Deposits (credits) |
$0.50 |
| Deposited Items |
$0.12 |
| Earnings Credit |
None |
| Uncollected Funds Charge |
Wall Street Journal + 4% |
| Check images w/ statement |
No charge |
| Check Safekeeping |
No charge |
| Basic Business Online access |
No charge |
| Other Features |
Interest bearing; not tied to a specific index; may be changed at bank’s discretion |