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Welcome to Security State Bank
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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
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First 3 checks are free then $1.00 per
check
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Limited check writing
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Unlimited in-office transactions
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Interest paid on $1,000.00 or more
available collected balance
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Monthly statement with check images
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Monthly fee of $10.00. Fee waived if
minimum daily balance is $2,500.00 or more
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Minimum opening deposit is $1,000.00
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