• Commercial Checking
  • Business Checking
  • Business Checking Plus
• Commercial Savings
  • Business Savings
  • Venture I Money Market
  • Venture II Money Market

COMMERCIAL CHECKING

Any account which is intended to hold funds belonging to a business, or to pay business expenses or payroll, must be opened as a business account. We offer savings and checking accounts and certificates of deposit for commercial customers.

Business Checking

(Corporations, Partnerships, LLCs, LLPs)

• Minimum balance of $50.00 to open account
• Unlimited number of checks
• Non-interest bearing account
• No service charges on average balance of $2,500.00 and above
• $15.00 monthly service charge if average balance is below $2,500.00
• Convenient combined statements

Business Checking Plus

(Sole proprietors, unincorporated businesses, organizations, and governmental units)

• Minimum balance of $50.00 to open account
• No minimum balance
• No monthly service charge and no per check fees
• Check safekeeping
• Interest paid on balances over $1,000
• Convenient combined statements

return to top

COMMERCIAL SAVINGS

These accounts are available to corporations, partnerships, LLCs, LLPs, sole proprietors, unincorporated businesses, organizations, and governmental units.

Business Savings

• $25.00 minimum to open account
• Convenient combined statement
• Preauthorized, automatic or telephone transfers limited to six per month*
• Unlimited over-the-counter withdrawals - no minimum amounts

Venture I Money Market

• Minimum balance of $2,500 to open account
• No checks issued for this account
• Debits are limited to six per month*
• Requires keeping a separate checking account
• Convenient combined statement
• $20.00 monthly fee when average daily balance falls below $2,500

Venture II Money Market

• Minimum balance of $10,000 to open account
• No checks issued for this account
• Debits are limited to 6 per month
• Requires keeping a separate checking account
• Convenient combined statement
• $20.00 monthly fee when average daily balance falls below $10,000

* Transfer and Withdrawal Limitations
Per Regulation D, you may make up to six transfers and/or withdrawals per statement cycle to another account at the bank or to a third party by means of a pre-authorized or automatic transfer or telephonic (including data transmission) agreement, order or instruction. Transfers in excess of these limitations will subject the account to a $20.00 fee for each transfer or withdrawal in excess of this limitation. Violations of this limit on more than an occasional basis may result in the account being transferred to a statement savings account.

return to top