A Business Made Simple Checking Account provides local businesses with basic checking services plus higher dividends.
- Opening Balance: $100.00
- Minimum Balance: $0.00
- Minimum Balance to Earn Dividends: $2,500.00
- Monthly Service Fee: $7.00; this monthly fee can be reduced by the following:
- $2.00 if you receive eStatements instead of paper.
- $5.00 if you have conducted 10 debit transactions totaling $1,000.00 or more during the calendar month, to include signature-based transactions, Internet purchases, phone purchases, and store purchases that use a Personal Identification Number(PIN).
**No Monthly Service Fee if the minimum average daily balance stays above $50,000.00. The minimum average daily balance will be calculated using the aggregate average daily deposit account balances in combination with the month end total of any outstanding Line of Credit and/or Installment Note balances.
Cash Management Solutions
- Merchant Services
- Card processing solutions through EVO Payments International that enable our business members to accept credit cards, debit cards, gift cards and other payment options.
- Centris ACH
- Allows business members the ability to provide direct deposit to their employees with Centris ACH. The business member also has the ability to collect payments automatically from customers or to pay vendors by direct deposit.
- PayChex
- Helps our business members simplify payroll (including all payroll taxes), will do all functions as your HR Department including benefits.
Benefits
- Saves you money with no monthly fees, when relationship criteria is met.
- Saves you money with free Online Access and eStatements.
- Saves you time with Visa Check Card Online Access and IVR.