This basic account is ideal for businesses with low transaction volumes.
Account details:
Minimum to Open: $100.00
Minimum Balance: None
Monthly Maintenance Charge: $9.00
Activity Charge per Debit Item: $0.50 each debit items if over 100 per month* (withdrawals include checks, debit card, automatic, ATM, Internet Banking or telephone transfers).
Activity Charge per Deposit Item: $0.50 each deposit item if over 100 per month* (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
