Business – Checking & Savings   

Commercial Checking Account

  • $15 monthly service charge
  • $0.16 per debit entry
  • $0.40 per credit entry
  • $0.11 per deposited item

Service charges incurred are offset by an earnings credit.  Earnings credit calculated on the average collected balances maintained using the 90-day Treasury Bill rate.

Now Commercial Checking Account

  • $13 monthly service charge
  • $0.20 per debit entry (after first 25 items)
  • $0.20 per credit entry (after first 25 items)
  • $0.10 per deposited item (after first 20 items)

$1,000 minimum balance is required to avoid the service charge. 

Note: This account is available only to sole proprietors, non-profit agencies and public fund entities.

­­­Commercial Money Market*

  • $10 monthly service charge
  • $0.10 per deposited item (after first 20 items)
  • Interest paid monthly according to the following tiers:  (see Rates)
    • $0 - $9,999
    • $10,000 - $24,999
    • $25,000 - $49,999
    • $50,000 - above

$2,500 minimum balance is required to avoid the service charge. 

Commercial Savings*

  • $2 monthly service charge
  • $100 minimum balance is required to avoid the service charge. 

A deposit of $100 is required to open all business accounts.  Interest accrues daily and is paid on the last business day of the month.  Interest rates are subject to change.

*Savings and Money Market Restrictions

  1. No more than SIX telephone transfers, checks to third parties (written on money market accounts) or any combination of such transactions are permitted per statement cycle.
  2. IN-PERSON and ATM withdrawals are unlimited.

See Rates.