|
Account Description
|
Perfect for small or medium sized businesses that would like to earn interest on balances maintained.
|
Great for small businesses, nonprofits, and other businesses with lower transaction needs.
|
Perfect for businesses with medium-high transaction volume.
|
For companies with higher transaction volume, where earnings on the account help offset fees. |
|
Interest Bearing
|
Yes, tiered
|
No |
No |
Earnings credit based on balance maintained |
|
Checks/Transactions
|
First 50 checks and 20 deposits per month free1
|
First 50 checks and 20 deposits per month free1 |
First 250 checks and 40 deposits per month free1 |
$0.13 per item |
|
Monthly Service Charge
|
No monthly service charge with $3,000 minimum daily balance or $5,000 average daily balance.
Otherwise, $9.95
|
None |
No monthly service charge with $5,000 minimum daily balance.
Otherwise, $9.95
|
No monthly service charge with $1,000 minimum daily balance.
Otherwise, $9.95
|
|
Ownership Restrictions
|
Registered nonprofits, government agencies, or sole proprietorships only
|
No restrictions – available to any business |
No restrictions – available to any business |
No restrictions – available to any business |
FDIC-Insured - Backed by the full faith and credit of the U.S. Government