Business Interest Checking

Available for small to medium-sized not-for-profits and sole proprietors, this account earns interest.

Benefits:

Limits/Eligibility:

  • Not-for-profits or sole proprietors only
  • 300 FREE items processed per month.
  • $0.50 per additional item.
  • Items include checks, deposited items, and various other debits. ACH entries do not contribute to the limits.

Interest:

  • Rates are tiered based on account balance and may vary. Ask us for current rates.
  • Interest is compounded and credited monthly.

Minimum Opening Deposit:

  • $100

No Monthly Service Charge If:

  • Average minimum balance is at least $7,500

Otherwise a $15 monthly service charge applies.

Statement Options:

  • FREE eStatements
  • Paper statements (with optional check images) +$3 monthly
     

Other service fees may apply. This account is available for sole proprietors, not-for-profit corporations with 501C status, fiduciaries and public funds.