Checking
By Orrin Espinoza · · 3 min read
**Personal Checking
**
Regular Checking
Easy, no-fee checking account.
- No minimum balance
- No monthly service charge
- Unlimited check writing
- FREE Check Card
- FREE Online Banking
Senior Checking
Free checking for customers age 60 and over.
- FREE Basic style checks
- No minimum balance
- No monthly service charge
- FREE Check Card
- FREE Online Banking
Interest Checking
Tiered interest based on your account balance.
- No service charge with a minimum daily balance of $1,000.00*
- Unlimited check writing
*$12.00 charge if balance falls below $1,000.00
**Business Checking
**
We have a full array of deposit products to meet all business models. We can supplement these deposit accounts with the state of the art technology to give you current, accurate and complete information right at your fingertips. A copy of the past 3 months deposit statements is all we need to do a side by side comparison for you. We will go over the results with you personally.
- Basic Business, Basic Interest, Basic+ Business, IOLTA Interest, and Commercial Checking Accounts*
- Free Internet Banking and Bill Pay
- 24 Hour Telephone Banking
- FDIC Insured up to $250,000
Basic Business Checking
- Available to businesses with low to moderate balances and activity.
- Interest Rate: N/A
- Minimum to open is $100
- Service charge: $8.00 per month if average ledger balance falls below $1,500
Business Interest Checking
Available to:
- Sole proprietorships
- Husband and wife incorporated businesses
- Organizations not operated for profit, but operated primarily for religious, charitable, Coverdell, philanthropic, political or similar purposes.
- Federal, state and local government bodies
__Interest Rate:
Tiered (collected balance) *Current rates in effect:
__
0-1,999
No interest
2,000-9,999
Rate in effect
10,000-24,999
Rate in effect
25,000-49,999
Rate in effect
50,000-Over
Rate in effect
- Interest Payment: Monthly, at month end
- Minimum to open is $2,000
- Service charge: $10.00 per month if average collected balance falls below $2,000 anytime during the cycle period.
Basic+Business Checking
- Available to businesses with moderate to high balances and activity.
- Interest Rate: N/A
- Minimum to open is $100
- Service charge: $8.00 per month if average ledger balance falls below $1,500
Commercial Checking
- Available to commercial customers
- Interest Rate: N/A
- Minimum to open is $100
- Service charge: Analysis
IOLTA Interest Checking Account
- Available to Law Firms
__Interest Rate:
Tiered (collected balance) *Current rates in effect:
__
0-1,999
No interest
2,000-9,999
Rate in effect
10,000-24,999
Rate in effect
25,000-49,999
Rate in effect
50,000-Over
Rate in effect
- Interest Payment: Monthly, at month end
- Minimum to open: None
- Service charge: None
Business Money Market Savings
- Available to business customers
__Interest Rate:
Tiered (collected balance) *Current rates in effect:
__
0-1,999
No interest
2,000-9,999
Rate in effect
10,000-24,999
Rate in effect
25,000-49,999
Rate in effect
50,000-Over
Rate in effect
- Interest Payment: Monthly, at month end
- Minimum to open: $2,000
- Service charge: None
Premium Money Market Savings
- Available to all customers
__Interest Rate:
Tiered
__
0-9,999
Rate in effect
10,000-24,999
Rate in effect
25,000 & Up
Rate in effect
- Interest Payment: Monthly, at month end
- Minimum to open: None
- Service charge: None
Repo Savings Account
- Available to all customers
- Interest Rate: Federal funds rate minus 50 basis points
- Interest Payment: Monthly, at month end
- Minimum to open: None
- Service charge: None