Business Checking Accounts

 

DDA Checking
(no interest /no service charge)
NOW Checking Account*
(interest / service charge)
Money Market Plus Account
Minimum Balance to Open the Account $50.00 $100.00 $1,000.00
Interest Earned  
Minimum Balance to Obtain the Annual Percentage Yield Disclosed N/A $100.00 $500.00
Minimum Balance to Avoid Imposition of Fees N/A A minimum balance fee of $5.00 will be imposed every statement cycle if the balance in the account falls below $100.00 any day of the statement cycle A minimum balance fee of $5.00 will be imposed every statement cycle if the balance in the account falls below $500.00 any day of the statement cycle
Transaction Limitations N/A N/A Transfers from Money Market Plus account to another account or to third parties by preauthorized, automatic, telephone, or computer transfer are limited to six per monthly statement cycle.
Debit Card Eligible
Free eStatements
Free Bill Pay
Free Online Banking and Mobility
Direct Deposit
Unlimited Check Writing  

* NOW account eligibility includes Sole Proprietors, non-profit organizations, government units, pension funds, and fiduciaries