BUSINESS REGULAR CHECKING
BUSINESS INSURED MONEY MARKET ACCOUNT
|An account designed for:||Businesses looking for a low cost solution for their checking needs.||Businesses looking for an interest earning solution for their business savings needs.|
|Earns Interest||No||Yes – Paid Monthly|
|Monthly Service Fee||$1.50 and $0.20 per check written||Fee waived with minimum balance. Otherwise $2.00|
|Minimum Daily Balance Required (to waive the monthly service fee)||$500||$1000|
|ATM & Check Card||Free||Free|
|Free Online Billpay||Yes||Yes|
|Free Secure Online Banking||Yes||Yes|
|Free Worldwide ATM’s***||Yes||Yes|
|Overdraft Protection||Yes – Overdraft Privilege or Ready Reserve||No|
*Service Charges are waived if Minimum Daily Balance requirements have been met.
**Under Federal Regulation, transfers from a Money Market Account to another account or to third parties by preauthorized, automatic or telephone transfer are limited to six per month. If this limitation is exceeded on a regular basis, we are required to convert your account to another account that permits unlimited check writing privileges.