For those businesses whose home office is not locally based. This account may serve as a holding account before moving funds to your operating account. This account may be subject to account analysis. Check with your bank representative.
- Minimum to open - $1,000.00
- Monthly Service Fee - $5.00
- Debits posted - $.15
- Credits posted - $.25
- Items deposited $.08
- Outgoing currency strapped - $.25 per strap
- Outgoing currency rolled coin - $.05 per roll
- FDIC charges per $1,000.00 average collected balance (if applicable) - $.10
- Reserve requirement - 12%
- Value of Investable balance - average 90 day T-Bill Rate
