Business Banking Accounts
Checking and Investment Accounts¹
CHECKING ACCOUNTS
Business Checking
- $100.00 minimum balance to open
- $10.00 monthly service charge
- $.15 posted debit item
- $.05 posted deposit item
- Earnings credit
Preferred Business Checking (Sole Proprietorship)
- $1,000.00 minimum balance to open
- Interest bearing account
- $10.00 monthly service charge
- $.15 posted debit item
- $1,000.00 minimum balance to avoid charge
INVESTMENT ACCOUNTS
Business Money Market
- $1,500.00 minimum balance to open
- Interest bearing account
- $15.00 monthly service charge
- $1,500.00 minimum balance to avoid charge
- This is a limited withdrawal account with penalty for excessive withdrawals
Certificates of Deposit
- $1,000.00 balance to open
- May be purchased for terms from 30 days to 60 months
- Contact your personal banker to discuss current interest rates
COMMERCIAL LOANS²
Working Capital:
A revolving line of credit can assist in meeting your short-term cash flow needs.
Equipment:
Need to replace or purchase additional fixed assets? A term loan can provide the funds needed to complete your purchase.
Business Expansion:
Whether your plans call for short-term working capital or long-term financing, we can structure financing to meet your needs.
Commercial Real Estate:
Looking to refinance your existing property or to purchase new property? We can customize a loan to fit your needs.
Commercial Construction:
We can provide financing for construction, as well as conversion to permanent financing if desired.
Letters of Credit:
We can meet your needs for letters of credit.
SBA Loans:
Our affiliation with a Small Business Administration lender can help to finance your business needs.
Leasing Programs also available, click here.
¹ Please refer to the account terms, conditions, and agreement for a complete description of these accounts.
² Credit approval required
