Commercial Interest Checking is an excellent way to keep costs low, while earning interest on your balance. An initial minimum deposit of $100 can open your account.
The following transaction fees apply to Commercial Interest Checking:
- $0.15 for each transaction item*
- $12.00 monthly maintenance fee
*Transaction items include: checks, deposits, deposited items, electronic transactions and other debits and credits
Interest begins to accrue on the business day you make your deposit. Interest is compounded and credited to your account monthly. At our discretion, your interest rate and Annual Percentage Yield may change at any time. You will not receive interest accrued on your account in the month you close the account. We use the daily balance method to calculate interest. This method applies a daily periodic rate to the principal in the account each day.