Business Checking Account Details/Fees

Question 1

What is the minimum opening deposit required for Biz Essentials, Plus, and Deluxe checking?

Answer 1

$100

Question 2

What is the monthly service fee for Biz Essentials Checking?

Answer 2

NONE

Question 3

What is the monthly service fee for Biz Plus Checking?

Answer 3

$15 per month; otherwise waived if $10,000 in combined business monthly average deposit and/or outstanding loan balances.

Question 4

What is the monthly service fee for Biz Deluxe Checking?

Answer 4

$25 per month; otherwise waived if $50,000 in combined business monthly average deposit and/or outstanding business loan balances.

Question 5

Are there any fees for Bill Pay or Online Banking?

Answer 5

NONE

Question 6

Are ACH and Wire Services available to Biz Checking Accounts?

Answer 6

Yes

Question 7

What type of Visa Business Debit card comes with each Biz Checking account?

Answer 7

Platinum

Question 8

Is there a discount on Business Check Orders for Biz Essentials?

Answer 8

No discount

Question 9

Is there a discount on Business Check Order for Biz Plus?

Answer 9

$50 off business checks annually

Question 10

Is there a discount on Business Check Orders for Biz Deluxe?

Answer 10

$50 off business checks annually

Question 11

Is there a paper statement fee for any Biz Checking Accounts?

Answer 11

None; unless you are have Biz Essentials without Online Banking and eStatements

Question 12

Is there a paper image statement fee for any Biz Checking Accounts?

Answer 12

Fee waived for Biz Plus and Deluxe; $3 per month for Biz Essentials

Question 13

What is the monthly transaction fee for each Biz Checking Account? (checks processed and deposited)

Answer 13

Biz Essentials: $0.50 each after the first 50
Biz Plus: $0.25 each after the first 100
Biz Deluxe: $0.25 each after the first 200

Question 14

What is the monthly cash deposit fee for each Biz Checking Account?

Answer 14

Biz Essentials: $10,000 free; 0.15% of deposit thereafter
Biz Plus: $25,000 free; 0.15% of deposit thereafter
Biz Deluxe: $25,000 free; 0.15% of deposit thereafter

Question 15

Is there a Biz Statement Savings Account Monthly Service Fee?

Answer 15

Biz Essentials: Fee charged
Biz Plus: Fee waived
Biz Deluxe: Fee waived

Question 16

What are the outgoing wire transfer fees for each Biz Checking accounts? (less than/more than 5k for domestic and international)

Answer 16

Biz Essentials and Biz Plus (Domestic & International): less than $5k is $45 per wire transfer; more than $5k is $70 per wire transfer

Biz Deluxe Domestic: less than OR more than $5k is $25 per wire transfer

Biz Deluxe International: less than OR more than $5k is $35 per wire transfer

Question 17

Which Biz Checking tier comes with Merchant Services discounts?

Answer 17

Biz Deluxe only

Question 18

What are the overdraft transfer fees for each Biz Checking account?

Answer 18

Biz Essentials: $10 per transfer
Biz Plus: $5 per transfer
Biz Deluxe: Fee waived

Question 19

Which Biz Checking Accounts come with Preferred Rates and Loan Discounts?

Answer 19

Biz Plus: some discounts available
Biz Deluxe: discounts and preferred rates available

Biz Essentials: None