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Deposit Products - Business Accounts


Basic Business Checking | Business Analyzed Checking | Business Interest Checking | Business Money Market Checking

Basic Business Checking

  • Unlimited number of deposits
  • $0.05 per deposited transit check item
  • First 35 checks are free, then .10 per check
  • Monthly image statement or - Checks held at bank ($1.00 per check research fee)
  • $2.00 fee for chargeback of return deposited items
  • Monthly fee of $5.00. Fee waived if minimum daily balance is $500.00 or if we retain check images for safekeeping
  • Minimum opening deposit is $100.00

SECURITY BUSINESS CHECKING – Analyzed Business Checking

  • Monthly statement with check images
  • $0.05 per deposit
  • $0.05 per deposited transit check item
  • $0.10 per check
  • $2.00 fee for chargeback of return deposited items
  • Draw on uncollected funds 2%+prime lending rate
  • Monthly fee of $5.00
  • 1% earnings credit on available, collected balances which offsets service fees
  • Minimum opening deposit is $100.00

Business Interest Checking

  • Monthly statement with check images
  • $0.05 per deposit
  • $0.05 per deposited transit check item
  • $0.10 per check
  • $2.00 fee for chargeback of return deposited items
  • Monthly fee of $10.00 – Fee waived if minimum daily balance is $2,500.00 or more
  • Interest paid on $1,000.00 or more collected balance
  • Minimum opening deposit is $1,000.00

Business Money Market Checking

  • First 3 checks are free then $1.00 per check

  • Limited check writing

  • Unlimited in-office transactions

  • Interest paid on $1,000.00 or more available collected balance

  • Monthly statement with check images

  • Monthly fee of $10.00. Fee waived if minimum daily balance is $2,500.00 or more

  • Minimum opening deposit is $1,000.00

 

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