CONTACT US:
(205) 921-7435

waterfall

Business Banking

Business Checking

BUSINESS ANALYSIS CHECKING

Minimum Opening Balance is $500.00.

Business checking account fees are determined by the balance and activity of each individual account. If you maintain balances that offset your account’s activity cost your account may never incur a service charge. An earnings rate is calculated monthly based on the 90 day Treasury Bill Rate for the most recent 30-day period. This rate is applied to your account’s “Balance Available for Investment” which is the average positive collected funds less 10% of that balance. The result is your earnings credit.

If an average negative collected balance occurs, the rate of prime plus 2% will be charged along with the following activity charges:

  • Each Check Paid
    0.13
  • Each ACH Debit
    0.05
  • Each Deposit Posted
    0.25
  • Each ACH Credit
    0.05
  • Each On Us Deposited Item
    0.02
  • Each Foreign Deposited Item
    0.05

No Service Charge is made to the account during the month unless the earnings credit is insufficient to cover the cost.

Example:
Average Positive Collected

  • Balance
    $15,000.00
  • Less 10%
    $1,500.00
  • Balance Available for Investment
    $13,500.00

Earnings Credit (assumes 2% Earnings Rate)
Less Service Charges

  • 150 Checks at 0.13
    $19.50
  • 10 ACH Debits at 0.05
    $0.50
  • 50 Deposits at 0.25
    $12.50
  • 50 ACH Credits at 0.05
    $2.50
  • 200 On Us Items Deposited at 0.02
    $4.00
  • 200 Foreign Items Deposited at 0.05
    $10.00
  • Total Charges
    $49.00
  • Net Service Charge

    (total charges of $49.00 less earnings credit of $22.19)

    $26.81

SMALL BUSINESS ACCOUNT

BUSINESS NOW ACCOUNT

Available for all non-profit, public funds, and sole proprietorship.

NON-PROFIT CHECKING

BUSINESS SUPER NOW ACCOUNT

Available for all non-profit, public funds, and sole proprietorship.

Business Savings

BUSINESS MONEY MARKET PLUS

BUSINESS STATEMENT SAVINGS

Other Services and Fees

Safe Deposit Boxes

Rent of safe deposit boxes is billed or charged to your designated account annually:

  • 2x5
    $25.00
  • 3x5
    $25.00
  • 4x5
    $30.00
  • 5x5
    $35.00
  • 3x10
    $40.00
  • 4x10
    $50.00
  • 5x10
    $60.00
  • 10x10
    $85.00

Subject to availability and branch location

Cash Management Services

With Cash Management, you get the most accurate picture of your cash position possible whenever you need it. This convenient, private, 24-hour service also lets you transmit requests directly to us right from your computer. Make tax and loan payments, issue wire transfers, order currency and much more.

Call us today to put Cash Management to  work for you!
(205) 921-7435

ACH Origination

ACH Origination puts you in control of your money. With ACH, you can move money, pay employees and collect bills electronically, all with a few keystrokes. In addition, the service helps cut your costs, while providing additional benefits for both employees and customers. When you become an ACH Originator, you reduce your cost for processing paychecks, invoices, and collections as well as for making wire transfers.

For more information please call (205) 921-5252

Merchant Card Services

Are you a new business looking to accept debit cards or credit cards? We partner with BancCard and offer the following services: