| With
unlimited transaction levels, this account offers an earnings
credit allowance that can offset some or all service charges.
Business Analysis Checking is the right account for your company
if your transaction activity is moderate to high. Using an
account analysis to calculate monthly deposit and cash management
charges, Business Analysis Checking benefits businesses in
need of cash management services. It's also great for businesses
looking to combine multiple accounts into a single relationship.
- $50.00 Annual Fee for Line of Credit attached to checking
account (DDL)
- Debit Card
- Credit Card
- Free Remote Deposit (Ask your banker for details)
Definitions
- Analyzed accounts. Monthly service charges are subject to and calculated according to the volume of account activity
- Earnings credit. An allowance that is earned on account balances that can be used to help offset many service fees.
How earnings credit offsets charges
- Accounts can be linked or grouped together to take advantage of combined balances.
- An earnings credit based on account balance is used to help offset some or all service charges.
- Earnings credit equals credit earned on a business account's current month's average positive collected balance less reserves maintained with the Federal Reserve. The earnings credit rate is subject to change monthly.
Earnings Credit Calculation Available Balance for Earnings Credit
x Earnings Credit Rate x # Days in Month
365 Days
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