Business Banking

 
 

NON-INTEREST BEARING BUSINESS CHECKING ACCOUNTS

Account Name
Minimum balance to open the account
Fees
Account Provisions
GO GREEN Commercial Checking
$100.00

15ยข per check written in excess of 30 during statement cycle.

$7.00 monthly maintenance if Account Provisions not met.

Must maintain $500 minimum balance and have re-occuring ACH debit each statement cycle. eNotifications required.
Commercial Checking
$100.00

$5.00 per month maintenance
$.15 per check written
$.08 per check deposited

An earnings credit will be applied to the account to offset monthly processing costs. The credit shall be indexed at .25% below Municipal's NOW Account rate and will be computed on the average daily balance.


 

INTEREST BEARING BUSINESS CHECKING ACCOUNTS

Account Name
Minimum balance to open the account
Fee if balance falls below the minimum any day of the cycle
Fees
Account Provisions
Commercial Now Account
$1,000.00
$6.00 monthly fee if balance falls below $550.00
$5.00 per month maintenance
$.15 per check written
$.08 per check deposited
N/A
Commercial Super Now
$1,000.00
$10.00 monthly fee if balance falls below $1,000.00
$5.00 per month maintenance
$.15 per check written
$.08 per check deposited
N/A
Commercial Classic Insured Money Market
$2,500.00
$25.00 monthly fee
if balance falls below $1,000.00
$.15 per check written
$.08 per check deposited
An $8.00 fee will be charged for an excess of 6 transactions per statement cycle. Per item fee of $8.00 for each check written under $250.00.
Transfers to another account or to third parties by preauthorized, automatic, internet or telephone transfer are limited to six per month. Cannot be tied to an ATM or Debit Card.
*The annual percentage yields are included in the Rate Chart. The interest rate and annual percentage yield may change at any time. Interest is compounded monthly and will be credited monthly. If the account is closed before interest is credited you will not receive the accrued interest.

 
 

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