Available with your EBANK Business Checking Account:
• Online Services: Online Banking, Business Bill Pay, eStatements, Mobile Banking
• Business Debit Cards
• Check images with your monthly statement
• Merchant Processing
• Business Debit Cards
• Check images with your monthly statement
• Merchant Processing
Small Business Checking
| Transaction Fees | |
|---|---|
| Debit entries (In excess of 30) | $.251each |
| Credit entries and deposited items (In excess of 60) | $.201each |
Minimum deposit to open the account – $100.00
A $5.001 minimum balance fee will be imposed every statement cycle, if the balance falls below $1,000.00 during any day of the cycle.
Business Analysis Checking
• Minimum deposit to open the account – $100.00
| Schedule of Charges | |
|---|---|
| Monthly account maintenance | $10.001 |
| Debit entries | $.201 |
| Credit entries | $.201 |
| Deposited items | $.071 |
Accounts with a negative average collected balance will be charged our base lending rate plus 1.00% on these uncollected balances.
Business Analysis Checking Example
| Earnings | |
|---|---|
| Average collected balance | $150,000.00 |
| Less 10% reserve requirement | $15,000.00 |
| Net balance available for investment | $135,000.00 |
| 2Earnings credit | $24.85 |
| Activity Charges | |
|---|---|
| Account maintenance | $10.001 |
| Activity charges - 50 debit entries @ $.20 | $10.00 |
| 15 check entries @ $.20 | $3.00 |
| 100 checks deposited @ $.07 | $7.00 |
| Activity Charges | $30.00 |
| Service Charge Summary | |
|---|---|
| Total activity charges | $30.00 |
| Less earnings credit | $24.85 |
| Net Analysis | $5.15* |
| Sales tax | $0.31 |
| Total charges | $5.45 |
1 Fees subject to state and local option sales tax.
2 Earnings credit computed on the average 91-Day Treasury bill Auction Rate from the last auction of the previous month, as found in the Wall Street Journal. This example was computed at 0.224% per annum using a 30-day month.
2 Earnings credit computed on the average 91-Day Treasury bill Auction Rate from the last auction of the previous month, as found in the Wall Street Journal. This example was computed at 0.224% per annum using a 30-day month.