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