| |
Small Business Checking |
Entity checking |
| Minimum to open |
$100.00
|
$100.00 |
| Interest Paid |
If balance is over $1000.00 |
n/a |
| Interest Rate |
0.50%
|
n/a |
| Interest compounding schedule |
Monthly
|
n/a |
| Monthly Service Fee |
-$10.00 on balances below $100
- $5.00 charge on all accounts |
-$10.00 on balances below $100
- $5.00 charge on all accounts |
| Transaction Fee |
.05/item after 100 items
|
.05/item after 50 items |
| Transaction Limits |
Unlimited |
Unlimited |
| Type of Statement |
Regular w/ images |
Regular w/ images |
| Other Requirements |
-must have a DBA certificate |
-must have entity papers and entity tax identification number |
| Other Restrictions or Benefits |
|
-account is subject to account analysis
-Earnings credit as an offset to service fee and transaction charges at a rate of 1% |