Business Checking
Limitations: You must deposit $100.00 to open
this account.
Account Fees: Maintenance fee $10.00 per statement
cycle if minimum daily balance of $1,500.00 is not maintained. Debits:
$.10 each over 75 per statement cycle. No charge for deposited items.
Canceled checks are not returned, but image copies will be provided
with each statement.
Business Savings
Rate Information: This account is an interest bearing account.
The interest rate and annual percentage yield are included in the
Rate Chart. The interest rate and annual
percentage yield may change. At our discretion, we may change the
interest rate on the account quarterly. Interest begins to accrue
no later than the business day we receive credit for the deposit of
noncash items (for example, checks). Interest will be compounded daily
and will be credited to the account quarterly.
Balance Information: We use the daily collected balance method
to calculate the interest on the account. This method applies a daily
periodic rate to the principal in the account each day. You must maintain
a minimum balance of $100.00 in the account each day to obtain the
disclosed annual percentage yield.
Limitations: You must deposit $100.00 to open this account.
Withdrawals are limited to 9 per quarterly statement cycle.
Account Fees: $.50 fee for each withdrawal in excess of 9
during each statement cycle. A $3.00 monthly fee will be charged
if the average daily balance is less than $100.00 for the statement
cycle.
Business Money Market
Rate Information: This account is an interest bearing account.
The interest rate and annual percentage yield will depend upon the
balance in the account as shown on the Rate Chart.
The interest rate and annual percentage yield may change. At our discretion,
we may change the interest rate on the account monthly. Interest begins
to accrue no later than the business day we receive credit for the
deposit of noncash items (for example, checks). Interest will be compounded
monthly and will be credited to the account monthly.
Balance Information: We use the daily collected balance method
to calculate the interest on the account. This method applies a daily
periodic rate to the principal in the account each day. The average
daily balance of the account per statement cycle is used to determine
the rate tier applicable to that statement cycle.
Limitations: You must deposit $1,000.00 to open this account.
You may make six (6) transfers from your account each four (4) week
or similar period, if by preauthorized or automatic transfer, or telephone
(including data transmission) agreement, order or instruction. Three
(3) of these transfers may be made by check, draft, debit card or
similar order (including POS transactions), made by the depositor
and payable to third parties. Transfers and withdrawals made in person,
by messenger, by mail or at an ATM are unlimited.
Account Fees: $10.00 charge per month if the account balance
falls below $1,000.00 any time during the statement cycle. Canceled
checks are not returned.
Certificates of Deposits
Rate Information: This account is an interest bearing account.
The interest rate and annual percentage yield are included in the
Rate Chart. The interest rate and annual
percentage yield will not change for the term of the account. Interest
begins to accrue on the business day you deposit noncash items (for
example, checks). Interest will be compounded daily on the account.
Interest will be credited to the account at maturity.
Balance Information: We use the daily balance method to calculate
the interest on the account. This method applies a daily periodic
rate to the principal in the account each day. You must maintain a
minimum balance of $100.00 ($100,000.00 for Jumbo CD's) in the account
each day to obtain the disclosed annual percentage yield.
Limitations: You must deposit $100.00 ($100,000.00 for Jumbo
CD's) to open this account. You may not make additional deposits
into this account. You may not make withdrawals from your account
until the maturity date.
Account Fees: After the CD matures, you will not receive interest
accrued during the 10 day grace period if CD is withdrawn.
Time Account Information: Account maturity depends upon the
original term. If you withdraw any of the principal before the maturity
date we may impose a penalty of 1 months interest. Early withdrawal
of Certificate of Deposit requires all joint owners signatures. This
account will automatically renew at the then prevailing rate for the
like term. You will have 10 days after the maturity date to withdraw
funds without penalty.
Cash Management Services
Balance Reporting - Average Balances,
Current Balances, Pending Transfers, Presentments, Holds
Transaction Reporting - Statements and History,
Search by Check Number, Date, Amount, Etc. For Merchant Account Service Transactions see our small business service partner for login and reporting.
Account Reconciliation - Download to Quickbooks
or delimited file,
Stop Item Management - Add New Stop Payments, Review
Current Stop Payments
Funds Transfers - Internal Transfers Between Accounts,
Make Certain Loan Payments, ACH Origination, Wire Transfer Funds
File Transfers - Upload NACHA formatted ACH files
Security Features - Unique Sign On For Each Authorized
User, Levels of Access Set By Client, Supervisory Review on Transactions
Business Loans
We offer a number of customized loan products to meet
your needs, include loans for real estate, commercial equipment, and
commercial lines of credit.
We also offer accounts receivable financing through
our Business Manager program.
Please call or visit one of our Bank
locations today to apply.
Account Disclosures
