Business Checking Account

The cost of your Business Checking Account is determined by the amount of activity and daily balance of your account. Balances will generate an earnings credit equal to the rate paid on regular savings accounts on the statement date. If you maintain sufficient balances, earnings credits may offset the above charges. Unused earnings credits are not carried over to the following month.

Money Market Business Checking Account

There are two differences between this account and a Business Checking.

• This account will pay interest each month instead of an earnings credit.
• All the charges will be direct charges and not eligible to be waived by balances.

NOTE: An individual, such as a sole proprietorship, and non-profit organizations that are operated primarily for religious, philanthropic, charitable, educational or other similar purposes may have this account.

Corporations, partnerships, associations, or other organizations organized or operated to make a profit are not eligible for this account.