Business – Checking & Savings   

Commercial Checking Account

  • $15 monthly maintenance fee
  • $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 maintenance fee
  • $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 maintenance fee
  • $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 maintenance fee
  • $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 per month are permitted, three of which may be checks or electronic payments payable to a third party.
  2. IN-PERSON and ATM withdrawals are unlimited.

See Rates.