| Business Checking
Account Disclosure |
|
Balance Information |
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No minimum initial deposit |
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Unlimited number of deposits, withdrawal
and transfers |
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Minimum balance requirement to avoid
service charge is based on Average Collected
Balance per statement cycle. |
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Required Reserve Balance: 3.00% of
Average Collected Balance. |
|
|
Account Analysis Service
Charge: |
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Account maintenance (subject to
review) $5.00 |
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Checks written .17/item |
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Deposits made .25/item |
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Transit items deposited (first time
only) .05/item |
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Return Check $5.00/item |
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Deposit corrections $1.00 |
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Food coupons deposit $1.00/cert. |
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Account Analysis Balance
Earnings:
_________% of
Available Balance (Available Balance = Average Collected
Balance - Reserve Requirement)
Monthly Service Charge:
Account Analysis
Service Fees - Account Analysis Balance Earnings
Earnings credit cannot exceed total account fees |
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Fees:
Charge per item |
| |
Stop-Payment Request $10.00 |
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Overdraft item $10.00 |
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Return check Item $10.00 |
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Bank confirmations $10.00 |
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Cash: |
| |
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Currency (strap)
.30 |
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(partial strap)
.30 |
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Coin .10/roll |
|
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Federal Tax Deposit Coupon $5.00 |
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| "Daily
Cut-off time" per business day: 3:00 p.m. |
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