This account is for businesses with complex deposit needs and a high transaction volume. The monthly service fees, if any, are determined by the transaction volume and average balance. Service fees are then offset by interest earned on the account balance.
Account Details:
Minimum to Open: $100.00
Minimum Balance: None
Monthly Maintenance Charge: $11.00
Activity Charge per Debit Item: $0.15 (withdrawals include checks, debit card, automatic, Online Banking or telephone transfers).
Activity Charge per Deposit Item: $0.10 (including automatic deposits)
Earnings Credit: No
Features:
- Debit Mastercard® BusinessCard
- eStatements
- Online Banking
- Mobile Banking
- iTalk
- Visa credit cards options
Required documentation.
According to State and Federal regulations, certain business documents must be presented at the bank when you open a business account. Here's what you'll need to open a specific account:
Sole Proprietor
- Certificate of Assumed Name (only if your full name is not included in the business name)
- Social Security Number or EIN Federal Tax Number
Corporation
- Articles of incorporation (files with state)
- Corporate Resolution for signers
- EIN Federal Tax Number
General Partnership
- Copy of partnership agreement
- EIN Federal Tax Number
- Certificate of Assumed Name
- Partnership Resolution for Signers
