Business Deposit Accounts
We are pleased to offer a variety of deposit accounts. Click any of the account types listed below to learn more:
Are you ready to open an account?
Business Checking
Totally Free*
| Totally Free | |
|---|---|
| Best For | A small business, non-profit organization, local association, group or club |
| Minimum to Open | $100 |
| Earns Interest | No |
| Monthly Maintenance Fees | None |
| Online Banking | Free |
| Online Statements | Free |
| Business Debit Card | Free |
| Apple Pay, Google Pay, and Samsung Pay | Available |
| 24-hour Automated Client Service Line | Included |
| Additional Fees | $1.50 per thousand after first $10,000 deposited in currency or coin $.25 per transaction after first 300 |
Advanced
| Advanced | |
|---|---|
| Best For | Any business with large monthly transaction volumes, higher balances and more complex banking needs (large cash deposits, change orders, etc.) |
| Minimum to Open | $100 |
| Earns Interest | No |
| Monthly Maintenance Fees | Offset account-related fees with a credit allowance based on average collected balance |
| Online Banking | Free |
| Online Statements | Free |
| Business Debit Card | Free |
| Apple Pay, Google Pay, and Samsung Pay | Available |
| 24-hour Automated Client Service Line | Included |
| Key Features | Monthly Analysis Statements enhance your ability to track business activities, such as payroll, savings, daily operations and risk management |
| Additional Fees | $.15 per deposit $.15 per check $.08 per transit item |
Interest
| Interest | |
|---|---|
| Best For | Some small businesses, sole proprietorships, public/government entities or non-profit organizations with larger balances |
| Minimum to Open | $1,000 |
| Earns Interest | Yes |
| Monthly Maintenance Fees | $6 fee if minimum daily balance drops below $1,000 |
| Online Banking | Free |
| Online Statements | Free |
| Business Debit Card | Free |
| Apple Pay, Google Pay, and Samsung Pay | Available |
| 24-hour Automated Client Service Line | Included |
| Additional Fees | $.15 per deposit $.15 per check $.10 per transit item deposited |
Business Money Market
Premium*
| Premium | |
|---|---|
| Best For | Businesses that want to earn a premium interest rate |
| Minimum to Open | $2,500 |
| Earns Interest | Yes |
| Monthly Maintenance Fees | $10 monthly fee if average balance drops below $2,500 |
| Online Banking | Free |
| Online Statements | Free |
| Business Debit Card | Free |
| 24-hour Automated Client Service Line | Included |
| Key Features |
Tiered money market account
Rate may fluctuate with market rate |
Advantage Money Market
| Advantage Money Market | |
|---|---|
| Best For | Treasury Service clients and/or large commercial depositors that want to take advantage of competitive higher yield interest rates. |
| Minimum to Open | $500,000 |
| Earns Interest | Yes |
| Monthly Maintenance Fees | $15 monthly fee if average balance drops below $500,000 |
| Online Banking | Free |
| Online Statements | Free |
| 24-hour Automated Client Service Line | Included |
| Additional Fees | $5 fee for each withdrawal in excess of six per month |
| Key Features | Tiered money market account *Rate may fluctuate with T-bill rate |
Business Savings
Commercial*
| Commercial | |
|---|---|
| Minimum to Open | $100 |
| Earns Interest | Yes |
| Online Banking | Free |
| Online Statements | Free |
| Business ATM Card | Free |
| 24-hour Automated Client Service Line | Included |
| Minimum Balance | $100 average balance per quarter |
| Key Features | Interest compounded daily and paid quarterly First six withdrawals per quarter free |
| Fees | $3 quarterly fee if average balance drops below $100 $1 fee for each withdrawal in excess of six per quarter |
*Denotes account types that can be opened online.
