COMMERCIAL BANKING
Commercial Checking Accounts
| Minimum Deposit to Open |
$500.00 |
| Minimum Balance to Avoid Charges |
Service charges may be reduced by an earnings credit which will be applied against activity generated during the month. The credit is equal to the month's average 91-day Treasury Bill rate applied to the net collected balance, less reserve. In instances of a negative net collected balance, a charge equal to the month's 91-day Treasury Bill rate +4% will be applied. |
| Monthly Fees |
$20.00 monthly maintenance fee. $.18 per debit or check. $.18 per credit or deposit. $.18 per item on each deposit. Strapped currency - $1.25 per thousand. Rolled coins - $.25 per roll.
FDIC Assessment: $0.10 per one hundred dollars of the average balance.
|
| Other Fees/Account Information |
N/A |
No annual fee for business debit cards
