Business Checking Account Comparison
Itasca Bank offers four small business checking account plans. Each features benefits and options designed to fit the needs of businesses of many sizes. As your business grows, your checking account can be upgraded to the next level to give you more account features to work with each month. Compare business checking account plans and see which is right for you.
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. |
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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 per deposit $0.15 checks (written or deposited) $0.05 ACH debits/credits. |