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 $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 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 N/A N/A N/A
FEES            
OVER MAXIMUM
TOTAL ITEM FEE
$0.25 $0.25 $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:
  • Cash Management Monthly Fee
  • ACH Capability
  • Wire Capability
  • Positive Pay
  • Remote Deposit Manager


$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.

To report a lost or stolen debit card after normal business hours, please call
800-554-8969.

Information Regarding Your Deposit Account
Federal Regulations say you must “opt-in” or certain debit card & ATM transactions can be denied.

Telebanc: 1-877-527-2716 | Customer Support: 770-967-5090 | Email: