Hamilton State Bank

Business Checking Account Comparison

Features &
Benefits

Basic Business
Checking 250

Business
Checking 500

Business
Interest Checking¹

Business
Analysis Checking

Business
Money Market

Business
Savings

BALANCES AND TRANSACTIONS

MINIMUM
OPENING
BALANCE

$1,000

$5,000

$2,500

$1,000

$500

MINIMUM BALANCE
REQUIREMENT (to
waive maintenance
fee)

$1,000 minimum daily balance OR $2,500 average
collected balance²

$5,000 minimum daily balance OR $15,000 average collected balance²

$2,500 minimum daily balance OR $5,000 average collected balance²

Based on account activity

$5,000 minimum daily balance OR $7,500 average collected balance²

$500 minimum
daily balance

TRANSACTION
LIMIT: TOTAL ITEMS ALLOWED (debit,
credit and items deposited)

250 items

500 items

N/A

Up to six free total
withdrawals/
transfers per
monthly statement cycle³

Up to six free total withdrawals/ transfers per quarterly statement cycle⁴

MAXIMUM MONTHLY COIN/CURRENCY DEPOSITED

$10,000

$20,000

N/A

FEES

OVER MAXIMUM
TOTAL ITEM FEE

$0.25

MAINTENANCE FEE
(if below the
minimum balance requirement)

$10 per month

$20 per month

$15 per month

Based on account activity

$15 per month

$10 per quarter

OTHER SERVICES

ANCILLARY ANALYSIS SERVICES:

$20
$20
$20
$20

$30

¹	Only available to sole proprietors, non-profits and governmental units.
²	The average collected balance is the sum of daily ledger balance minus uncollected checks deposited, divided by the number of days in the account’s statement.
³	Additional transactions have a $10 excessive activity charge per debit.
⁴	Additional transactions have a $10 excessive activity charge per debit. This includes withdrawals and/or transfers to another account of yours or to a third party by means of a pre-authorized or automatic transfer or telephone order or instruction or computer/mobile transfer, or by check, draft, debit card or similar other third party.
All accounts subject to approval.