Commercial Checking is best suited for businesses that require a full range of cash management products and transaction volumes that are rapidly changing. Commercial Checking features an earnings credit that is used to partially offset fees. The credit is based on an average account balance maintained.
No Average Daily Balance Required
Monthly Earnings Credit with monthly analysis statement available
Monthly Maintenance Fee of $10.00
$.15 Check/Debit Charge Per Item
$.25 Charge per Deposit
$.05 per On Us Item Charge
$.10 per Clearing /Transit Item Charge
10% Reserve Requirement
Deposit Assessment Fee=Monthly Average ledger balance/100*Current Deposit Assessment Rate/365*days in statement cycle
Float Overdraft On Uncollected Funds – Wall Street Journal Prime +2%
Plus, Commercial Checking Offers:
* Subject to qualification.