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Checking & Savings Accounts
Our checking and savings options designed to help reduce costs and streamline your cash management.
Free Business Checking
Our Free Business Checking account is perfect for businesses with lower transaction needs. There is no monthly fee and no charge for the first 100 transactions each month, including deposits & items deposited, withdrawals, and checks paid. Additional transactions are only 25¢ each.
Total Business Checking
A checking account for businesses and organizations that process a moderate to high number of transactions. Fees assessed on the services used can be offset by a compensating balance in the checking account.
- Zero Balance Account (ZBA)
With a Zero Balance Account you can easily track activity for different business functions or divisions, while combining excess account balances to maximize the use of available funds. The ZBA is linked to a Total Business Checking account, with checks, deposits, and other transactions processed on the ZBA resulting in either a positive or negative balance at the end of the day. If the balance is positive, the funds will be automatically transferred to the Total Business Checking account. If the balance is negative, funds will be automatically transferred from the Total Business checking account to bring the balance back to zero.
- Commercial Analysis Statement
Receive a commercial analysis statement that will provide the details on the account services fees assessed during each statement period and account balance information used in determining the compensating balance requirement.
- Sweep Investment Account
Keep your money working as hard as you do by having surplus funds in the Total Business Checking account automatically transferred to the investment account to earn interest at market rates. A target balance is determined for the Total Business Checking account. The target balance takes into consideration the compensating balance required to offset fees. At the end of each business day, any balances in excess of the predetermined target will automatically sweep into the investment account. If the balance in the Total Business Checking account falls below the target, funds will automatically sweep back into the checking account to ensure the target balance is maintained. The investment account is an “off balance sheet” account and therefore is not limited to the six transfers per statement cycle.
Commercial Checking with Interest
Our Commercial Checking with Interest Account was designed for sole proprietors. Perform as many transactions including checks, deposits, and withdrawals as necessary. There are no minimum balance requirements, and you earn interest on your account balance.
Business Money Market Account
Our Business Money Market Account has no withdrawal penalties, so you can make withdrawals and deposits whenever you wish.
Business Premium Money Market Account
Our Business Premium Money Market Account pays higher rates for those who maintain higher balances.
We're Here to Serve You!
Please contact us if you would like to make an appointment, or have any questions about our business banking services. You can use our business information request form or call us at 860-376-4444. Count on us to make your business banking easier, more convenient and more enjoyable.
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