Commercial Checking

Regular

Limitations: You must deposit $100.00 to open this account.

Account Fees: A minimum balance fee of $12.00 will be imposed each monthly statement cycle if the average daily balance for the monthly statement cycle falls below $2,000.00. The average daily balance is calculate by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period. 

Analysis

Limitations: You must deposit $100.00 to open this account.

Account Fees:  The service charge is dependent upon the factors described for this account. Each month an earnings credit is calculated on the account and compared to the fees accrued on the account. If the earnings credit is more than the accrued fees, no service charge is accessed. If the earnings credit is less than the accrued fees, the deficit is charged to the account. The amount of the earnings credit is determined by applying an earnings credit rate to the average daily balance of the monthly less a deduction for the reserve requirement.  Accrued fees for the month include charges for account maintenance and transaction activity. Some fees are considered "Hard Dollar Fees" (which means that your account is debited for the fees as you use the service). The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period. The following fees apply to this account: 

Analysis Charges Hard Dollar Fees
Deposit Errors: $1.00 each error Outgoing International Wire Transfer Fee: $55.00
Collections: $15.00 Outgoing Wire Transfer Fee - Domestic: $25.00
CTR Filing: $1.00 each Nonsufficient Funds Fees: $34.00
Rolled Coin Charge: $0.05 each Stop Payment Fees: $35.00
Currency Straps: $0.25 each Cashier's Check Fee: $5.00
Returns (checks returned unpaid): $2.00 Bank Bag- Zipper: $5.00
Items deposited; $0.04 Bank Bag - Locking: $15.00
Analysis per debit: $ 0.10 Account Research: $25.00 per hour (minimum of one hour)
Analysis per credit: $0.35 Money Order Fee: $3.50
Fee for statement cycle: $12.00 Account Activity Printout: $3.00
 Image copies: $3.00