|
|
Analysis Business Checking |
Business NOW Account |
BusinessSelect NOW Account2 |
BusinessFree Checking |
Small Business Benefit Checking |
Money Management |
Non-Profit Checking |
|
|
Suited for businesses with a high volume of activity, this account will give you a comprehensive look at your account each month with the added value of an earnings credit that is based on collected funds.
|
An interest-earning account designed for Sole Proprietors, Non-Profit Organizations, and other eligible entities that want to take advantage of unlimited FDIC coverage.
|
A competitive interest-earning account structured like the Business NOW account, with the potential for higher rates of return.
|
For businesses who are looking for a simplified checking account that offers no monthly service charge and 150 free items per month (debits, checks deposited, deposits made). A fee will be assessed for items over the minimums.
|
For businesses who are looking for a checking account that can save them money by maintaining a set balance, and the added value of 250 free items per month (debits, checks deposited, deposits made). A fee will be assessed for items over the minimums.
|
With the ease of check-writing access to your money, and high rates of return, you can manage your money wisely, based on the balances in the account.
|
The Non-Profit Checking account, designed for non-profit organizations who operate as charitable, educational, religious or similar entity with a 501-C status, works the same way as the BusinessFree Checking product but with a lower per item fee charge in excess of 150.
|
|
Minimum Opening Deposit |
$100
|
$100
|
$100
|
$100
|
$100 |
$100
|
$100
|
|
Monthly Service Charge |
$12 |
$10
|
$10
|
e-Statements are provided at no charge, paper statements will be assessed a $5 monthly fee. |
- $5,000 Minimum
Balance & Over - No Charge -
- Under $5,000
Minimum Balance - $10 Per Month -
|
- $1,000 Minimum
Balance & Over - No Charge -
- Under $1,000
Minimum Balance - $25 Per Month -
|
Free
|
| Item Charges |
|
| Debits |
$0.15 |
$0.15 |
$0.15 |
First 150 Items FREE
$.50 per item over the FREE minimum |
First 250 items FREE
$.25 per item over the FREE minimum |
Preauthorized, automatic or telephone transfers, and withdrawals by check, draft, debit card or similar order to third parties are limited to 6 per month. Transfers in excess of 6 will be charged an additional $10 per excessive transfer. |
First 150 Items FREE
$.15 per item over the FREE minimum. |
| Checks Deposited |
$0.12 |
$0.12 |
$0.12 |
| Deposits Made |
$0.20 |
$0.20 |
$0.20 |
| Returned Deposited Items |
$4.00 |
$4.00 |
$4.00 |
$4.00 |
$4.00 |
$4.00 |
$4.00 |
Earnings Credit Calculated on collected funds. |
Yes |
Yes |
Yes |
N/A |
N/A |
N/A |
N/A |
|
Interest Bearing |
No
|
Minimum balance to earn interest is $1,000.
Interest rates will not exceed 0.25%.1 |
Minimum balance to earn interest is $1,000. Potential for interest rate to exceed 0.50% based on the balances in the account. |
No |
No |
| $ |
0 |
- |
$ |
9,999.99 |
| $ |
10,000 |
- |
$ |
24,999.99 |
| $ |
25,000 |
- |
$ |
49,999.99 |
| $ |
50,000 |
- |
$ |
99,999.99 |
| $ |
100,000 |
- |
$ |
249,999.99 |
| $ |
250,000 |
+ |
|
|
|
No
|
|
Check SafeKeeping |
Free
|
Free
|
Free
|
Free
|
Free
|
Free
|
Free
|
|
EasyCheck Imaging |
$2 Per Month |
$2 Per Month |
$2 Per Month |
$2 Per Month |
$2Per Month |
N/A |
$2 Per Month |
|
Additional Benefits |
24-Hour TeleBanc
|
24-Hour TeleBanc
|
24-Hour TeleBanc
|
24-Hour TeleBanc
|
24-Hour TeleBanc
|
24-Hour TeleBanc
|
24-Hour TeleBanc
|
1 As a participant in the Transaction Account Guarantee Program, your non-interest bearing transaction accounts and interest bearing accounts that earn 0.25% interest or less with Premier Bank now have unlimited FDIC deposit insurance coverage. This insurance is in addition to the FDIC's normal deposit insurance coverage of $250,000. Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC’s general deposit insurance rules.
2 Product available through December 31, 2010, unless the FDIC extends the Transaction Account Guarantee Program.
|