Business Deposit Accounts

Our Business Deposit Account plans are designed to meet any business need.  Whether you are a small business or farm, we have the right accounts for you.  Click below to find out more information about our accounts.

IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT
To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver's license or other identifying documents.

Checking Accounts
Basic Business Checking
Business Checking
Business Money Market

Savings Accounts
Investors Savings - Business

ATM & Check Cards
ATM Cards
Check Cards

Certificates of Deposit
Certificates of Deposit

Basic Business Checking
Designed for the small buisiness that has limited transactions.

This account does not earn interest.

Cancelled Check Images are returned with monthly statement, unless customer requests safekeeping.

Maintain a daily minimum balance of $1,000.00 in the account or pay a monthly maintenance fee of $12.00.

Regardless of Balance the following activity limits and charges apply:

• Write up to 25 checks free, then pay $0.25 for each check or withdrawal in excess of 25.

• Make up to 5 deposits free, then pay $0.50 for each deposit in excess of 5.

• Deposit up to 50 items free, then pay $0.10 for each item in excess of 50.

Example 1

Example 2

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Business Checking (An Analyzed Account)
For the larger size business that writes more than 50 checks per month. This is an analyzed account.

This account does not earn interest

Cancelled Check Images are returned with monthly statement, unless customer requests safekeeping.

Receive an earnings credit on Average Collected Balance less 10% Reserve Requirement.

Use Earnings Credit to offset the following activity charges:

Example

 

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Business Money Market
This account does earn interest. The rate and annual percentage yield depends on the applicable balance tiers listed in the Deposit Interest rate information.

We require $ 5,000.00 to open this account.

To avoid the monthly maintenance fee, maintain a daily minimum balance of $ 2,000.00 or an average monthly balance of $ 8,000.00.  If you fail to meet both requirements, there is a $12.00 maintenance fee plus $0.25 for each check or withdrawal that month.

Checks* can be written against this account, $ 250.00 minimum per check. There is a $1.00 processing fee for checks written for less than $ 250.00.

*See Additional Savings Information below.

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Investors Savings-Business
Minimum balance to open is $ 250.00

To avoid a monthly maintenance fee, maintain a daily minimum balance of $ 250.00 or an average monthly balance of $ 600.00.  If you fail both requirements, there is a $ 5.00 monthly maintenance fee that month.

*See Additional Savings Information below.

Deposit Interest rate information

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Additional Information for Savings Products
Activity Limits:  You may make up to 6 pre-authorized, automatic, or telephone transfers per month.  Only 3 of the 6 withdrawals may be by check to 3rd parties.

Regardless of balance, the following monthly activity limits and charges will apply:

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Contact Lori at (920) 686-5615, Christine at (920) 686-5616 or Jeanne at (920) 686-5601 for more information about our business deposit accounts.