Business Checking - Now Account
Provides the same flexibility as the Business Checking but also allows Sole Proprietorships and non-profit organizations to earn interest.
Features and Benefits
- Interest earned on daily collected balance
- Reasonable monthly balance requirement fee
- Online Banking and Cash Management services (Separate application required; some services require approval; fees may apply)
- 24 hour First Connection access
- Monthly statement includes check images (paper or electronic format)
- Minimum opening deposit $1,000.00
- $5.00 balance requirement fee if average monthly balance is below $7,500.00
- Must maintain a minimum daily collected balance of $1,000.00 to earn interest
- Additional service charge based on number of debits paid during the statement cycle
Per item draft fees:
1 - 100 debits - No Charge
Over 100 debits - $.10 per item
- Balance requirement fee and the per item fee for debits paid are waived for non-profit organizations.