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Business Deposit Accounts

A table with information about business checking accounts
 Business Checking AccountBusiness N.O.W. Account *(Restrictions Apply)Business Super N.O.W. Account *(Restrictions Apply)Business Money Market Account (Limited Transactions)Business Savings Account
Opening Deposit$500.00$500.00$500.00$2,500.00$50.00
InterestNo​​​​​​​
yes​​​​​​​
You must maintain a minimum daily balance of $1,000.00 to obtain the disclosed annual percentage yield.You must maintain a minimum daily balance of $1,000.00 to obtain the disclosed annual percentage yield.You must maintain a minimum daily balance of $1,000.00 to obtain the disclosed annual percentage yield.You must maintain a minimum daily balance of $50.00 to obtain the disclosed annual percentage yield.
Minimum Balance FeeA Minimum Balance Fee of $6.00 will be imposed every month if the average daily balance for the month falls below $1,000.00A Minimum Balance Fee of $8.00 will be imposed every month if the average daily balance for the month falls below $1,000.00A Minimum Balance Fee of $8.00 will be imposed every month if the average daily balance for the month falls below $1,000.00A Minimum Balance Fee of $8.00 will be imposed every month if the average daily balance for the month falls below $2,500.00A Minimum Balance Fee of $1.00 will be imposed every month if the average daily balance for the month falls below $50.00
Excessive Withdrawal FeeNoneyes​​​​​​​Noneyes​​​​​​​Noneyes​​​​​​​Six or more withdrawals per calendar month are service charged $1.00 for each additional withdrawal (currently waived due to COVID-19)Six or more withdrawals per calendar month are service charged $1.00 for each additional withdrawal (currently waived due to COVID-19)
Unlimited Check Writing yes​​​​​​​ yes​​​​​​​ yes​​​​​​​NoNo
VISA ATM / Debit CardAvailable with credit approval​​​​​​​
yes​​​​​​​
Available with credit approval​​​​​​​
yes​​​​​​​
Available with credit approval​​​​​​​
yes​​​​​​​
Noyes​​​​​​​No​​​​​​​
yes​​​​​​​
Online Banking yes​​​​​​​ yes​​​​​​​ yes​​​​​​​ yes​​​​​​​ yes​​​​​​​
StatementsReceives a monthly statement with images of cleared checksReceives a monthly statement with images of cleared checksReceives a monthly statement with images of cleared checksReceives a monthly statement with images of cleared checksReceives a quarterly statement with images of cleared checks
Business Checking Account
Opening Deposit $500.00
Interest No​​​​​​​
yes​​​​​​​
Minimum Balance Fee A Minimum Balance Fee of $6.00 will be imposed every month if the average daily balance for the month falls below $1,000.00
Excessive Withdrawal Fee Noneyes​​​​​​​
Unlimited Check Writing  yes​​​​​​​
VISA ATM / Debit Card Available with credit approval​​​​​​​
yes​​​​​​​
Online Banking  yes​​​​​​​
Statements Receives a monthly statement with images of cleared checks
Business N.O.W. Account *(Restrictions Apply)
Opening Deposit $500.00
Interest You must maintain a minimum daily balance of $1,000.00 to obtain the disclosed annual percentage yield.
Minimum Balance Fee A Minimum Balance Fee of $8.00 will be imposed every month if the average daily balance for the month falls below $1,000.00
Excessive Withdrawal Fee Noneyes​​​​​​​
Unlimited Check Writing  yes​​​​​​​
VISA ATM / Debit Card Available with credit approval​​​​​​​
yes​​​​​​​
Online Banking  yes​​​​​​​
Statements Receives a monthly statement with images of cleared checks
Business Super N.O.W. Account *(Restrictions Apply)
Opening Deposit $500.00
Interest You must maintain a minimum daily balance of $1,000.00 to obtain the disclosed annual percentage yield.
Minimum Balance Fee A Minimum Balance Fee of $8.00 will be imposed every month if the average daily balance for the month falls below $1,000.00
Excessive Withdrawal Fee Noneyes​​​​​​​
Unlimited Check Writing  yes​​​​​​​
VISA ATM / Debit Card Available with credit approval​​​​​​​
yes​​​​​​​
Online Banking  yes​​​​​​​
Statements Receives a monthly statement with images of cleared checks
Business Money Market Account (Limited Transactions)
Opening Deposit $2,500.00
Interest You must maintain a minimum daily balance of $1,000.00 to obtain the disclosed annual percentage yield.
Minimum Balance Fee A Minimum Balance Fee of $8.00 will be imposed every month if the average daily balance for the month falls below $2,500.00
Excessive Withdrawal Fee Six or more withdrawals per calendar month are service charged $1.00 for each additional withdrawal (currently waived due to COVID-19)
Unlimited Check Writing No
VISA ATM / Debit Card Noyes​​​​​​​
Online Banking  yes​​​​​​​
Statements Receives a monthly statement with images of cleared checks
Business Savings Account
Opening Deposit $50.00
Interest You must maintain a minimum daily balance of $50.00 to obtain the disclosed annual percentage yield.
Minimum Balance Fee A Minimum Balance Fee of $1.00 will be imposed every month if the average daily balance for the month falls below $50.00
Excessive Withdrawal Fee Six or more withdrawals per calendar month are service charged $1.00 for each additional withdrawal (currently waived due to COVID-19)
Unlimited Check Writing No
VISA ATM / Debit Card No​​​​​​​
yes​​​​​​​
Online Banking  yes​​​​​​​
Statements Receives a quarterly statement with images of cleared checks

* This account is only available for Sole Proprietors, Non-Profit Entities, and Government Entities as prescribed by law.

 

Business Checking Account

  • You must deposit $500.00 to open this account
  • Unlimited check writing
  • VISA ATM / Debit card available with credit approval
  • A Minimum Balance Fee of $6.00 will be imposed every month if the average daily balance for the month falls below $1,000.00.
  • Free online banking
  • This account receives a monthly statement with images of cleared checks

Business N.O.W. Account (Restrictions Apply)

  • This account is only available for Sole Proprietors, Non-Profit Entities, and Government Entities as prescribed by law.
  • You must deposit $500.00 to open this account
  • Interest is compounded and credited to your account monthly
  • You must maintain a minimum daily balance of $1,000.00 to obtain the disclosed annual percentage yield. The interest rate is variable.
  • Unlimited check writing
  • VISA ATM / Debit card available with credit approval
  • A Minimum Balance Fee of $8.00 will be imposed every month if the average daily balance for the month falls below $1,000.00
  • Free online banking with Bill Pay
  • This account receives a monthly statement with images of cleared checks

Business Super N.O.W. Account (Restrictions Apply)

  • This account is only available for Sole Proprietors, Non-Profit Entities, and Government Entities or as prescribed by law.
  • You must deposit $500.00 to open this account
  • Interest is compounded and credited to your account monthly
  • You must maintain a minimum daily balance of $1,000.00 to obtain the disclosed annual percentage yield. For tiered rate accounts, you must maintain the minimum balance defined in a tier to earn the disclosed interest rate and Annual Percentage Yield (APY). The interest rate is variable.
  • Unlimited check writing
  • VISA ATM / Debit Card available with credit approval
  • A Minimum Balance Fee of $8.00 will be imposed every month if the average daily balance for the month falls below $1,000.00.
  • Free online banking with Bill Pay
  • This account receives a monthly statement with images of cleared checks

Business Money Market Account (Limited Transactions)

  • You must deposit $2,500.00 to open this account
  • Interest is compounded and credited to your account monthly
  • You must maintain a minimum daily balance of $1,000.00 to obtain the disclosed annual percentage yield. For tiered rate accounts, you must maintained the minimum balance defined in a tier to earn the disclosed interest rate and Annual Percentage Yield (APY). The interest rate is variable.
  • During any month, you may not make any more than 6 withdrawals or transfers to another account of yours or to a third party by means of a preauthorized or automatic transfer or telephone order of instruction, computer transfer, or by check, draft, debit card or similar order to a third party.
  • A Minimum Balance Fee of $8.00 will be imposed every month if the average daily balance for the month falls below $2,500.00.
  • Free online banking
  • This account receives a monthly statement with images of cleared checks

Business Savings Account (Limited Transactions)

  • You must deposit $50.00 to open this account.
  • Interest is compounded and credited to your account monthly.
  • You must maintain a minimum daily balance of $500.00 to obtain the disclosed annual percentage yield. The interest rate is variable.
  • During any month, you may not make more than 6 withdrawals or transfers to another account of yours or to a third party by means of a preauthorized or automatic transfer or telephone order of instruction, computer transfer, or by check, draft, debit card or similar order to a third party.
  • A Minimum Balance Fee of $1.00 will be imposed every month if the average daily balance for the month falls below $50.00.
  • Free online banking
  • This account receives a quarterly statement with images of cleared checks

Business Certificates of Deposit (CD's)

Business CD's are offered on the same rates and terms as our personal CD's. Please visit our Rates page for terms and rates currently offered or call one of our new accounts representatives at 256-845-1077 for additional information.

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