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Business Banking > Checking

Neighborhood Business Checking

  • Minimum Opening Balance = $100.00
  • Interest Bearing = No
  • Maintenance Fee = None
  • Average Balance Fee = $10.00
  • Average Balance to Avoid Fee = $500.00
  • Check Writing = Unlimited
  • Overdraft Banking = Transfers from other designated accounts
  • Other Features = Simple, low cost account for the business that operates locally and does not transfer to a concentration account.

Business NOW Checking

  • Minimum Opening Balance = $100.00
  • Interest Bearing = Yes
  • Maintenance Fee = None
  • Average Balance Fee = $10.00
  • Average Balance to Avoid Fee = $1,000.00
  • Check Writing = Unlimited
  • Overdraft Banking = Transfers from other designated accounts
  • Other Features = This account is available (per federal regulations) only to sole proprietorships, trusts, certain non-profit organizations & government agencies. Regulations prohibit offering interest checking to for-profit partnerships, corporations, & professional associations.

Analysis Checking

  • Contact your Customer Service Representative for details on Analysis Checking.

NOTICE OF CHANGES IN TEMPORARY FDIC INSURANCE COVERAGE FOR TRANSACTION ACCOUNTS

All funds in a "non-interest bearing transaction account" are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010 through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the FDIC's general deposit insurance rules.

The term "non-interest bearing transaction account" includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest. It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts and money market deposit accounts.

For more information about temporary FDIC insurance coverage of transaction accounts, visit www.fdic.gov.

Member FDIC
Equal Housing Lender

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