|
This is our budget business checking account that you can open with as little as $100.00. There is no minimum balance and no monthly maintenance fee. You may have up to 100 debits, deposits or deposited items (combined) at no additional charge. There is a $0.35 per item fee after 100. You may view copies of your checks online.
Small Business Checking provides an affordable checking plan with low balance requirements. Open for as little as $100.00 and your company can avoid the $10.00 maintenance fee by keeping a minimum daily balance of $500.00. You may have up to 400 debits, deposits, or deposited items (combined) at no additional charge. There is a $0.35 per item fee after 400. Copies of your checks are returned with your monthly statement.
For larger businesses with different cash-flow requirements,
there’s our Commercial Account. You will receive an earnings
credit on your collected balance less the reserve requirements
to partially offset expenses. There is a $11.00 monthly maintenance
fee, along with a $0.20 fee per check, $0.35 fee per deposit
and $0.10 fee per deposited item. Copies of your checks are
sent to you along with your statement every month.
Sole proprietors and non-profit organizations may qualify
for NOW Checking. Our NOW Checking Accounts pay interest on
your daily collected balance and is compounded daily and credited
to your account monthly. An opening balance of $100.00 is required
and you must maintain an average daily balance of $500.00 to avoid the monthly maintenance
fee of $10.00. Interest is earned on a daily collected balance
of $500.00 or more. Copies of
your checks are returned to you with your monthly statement.
Interest Tiers on Now Checking:
- $ 0 - $499.99
- $500.00 – $2,499.99
- $2,500.00 – $4,999.99
- $5,000.00 or more
Rates and annual percentage yield will vary.
Check with bank personnel for current rates.
Other Miscellaneous Fees May Apply.
Interest on Lawyer’s Trust Account (IOLTA). We offer
a special account for attorneys to help them manage trust accounts.
IOLTA accounts are interest-bearing accounts and monthly activity
expenses are offset by the interest earned and the remaining
interest is sent to the South Carolina Bar Association.
Other Miscellaneous Fees may apply.
|
