Business Checking Comparison
| Feature | Low Volume
A basic checking account for a business with a low transaction volume of 25 or fewer items and the desire to avoid monthly service charges. | Mid Volume
An account for businesses with a moderate transaction volume of 75 or fewer items at a low cost flat monthly fee. | High Volume
An analyzed checking account for businesses with an unlimited transaction volume or utilizes multiple services and wants to consolidate fees. | Sweep Transaction
An analyzed checking account for businesses with an unlimited transaction volume and utilizes automated sweeps between accounts and wants to consolidate fees. |
|---|---|---|---|---|
| Minimum deposit to open account | $250 | $250 | $250 | $250 |
| Monthly Service Charge (Other charges for special services may apply. Refer to the Schedule of Fees for details.) | No charge if the balance in the account is $1,000 or more.
$10 monthly charge if balance falls below $1,000 | $12 monthly | $22 monthly plus activity charges You will receive an earnings credit based on monthly available balances to reduce service charges. | $70 monthly plus activity charges You will receive an earnings credit based on monthly available balances to reduce service charges. |
| Activity charges | No charge for 25 combined items (items include deposits, checks written, checks deposited, ACH debit and ACH credit)$0.25 each for all items if over 25 per month. | 75 combined items (items include deposits, checks written, checks deposited, ACH debit and ACH credit) $0.25 each for all items if over 75 per month. | $0.50 per deposit $0.15 checks (written or deposited) $.05 ACH debits/credits | $1.00 per deposit $0.15 checks (written or deposited) $.05 ACH debits/credits |
