Better
Business Banking : Checking
At
the First
National Bank of Brookfield
we are committed to helping your business succeed and we have created a
series of straightforward business checking accounts ideal for each and
every type of business. Our friendly staff can help you determine
which account fits yours needs now and in the future as your business
evolves.
Internet
Banking, Bill Pay and Cash Management tools are all available to help you
manage your accounts at no additional charge.
Free
Small Business Checking -
Ideal
for customers making fewer than 50 transactions per month.
Low
Volume Business Checking
-
Ideal
for customers with a moderate number of transactions per month looking for
a level fee.
Business
Checking -
Enjoy
unlimited transactions at one set per item fee (unique in banking) and
off-set those fees with a very competitive earnings credit rate on your
checking account balance.
Business
Super NOW -
Perfect
for sole proprietors and non-profit organizations looking to earn interest
on their checking account balance.
|
|
Free
Small Business Checking
|
Low
Volume Business Checking |
Business
Checking
|
Business
Super NOW
|
| Minimum
Opening Deposit |
$200 |
$200 |
$200 |
$10,000 |
| Monthly
Minimum Balance |
---- |
---- |
---- |
$10,000 |
| Monthly
Maintenance Charge |
---- |
$9.95 |
$15.00 |
$15.00 |
| Free
Transaction Items (1) |
50 |
100 |
50 |
50 |
|
Additional Item Fee |
$0.50 |
$0.40 |
$0.20 |
$0.20 |
| Balance
Analyzed (2) |
No |
No |
Yes |
No |
| Interest
Bearing (3) |
No |
No |
No |
Yes |
(1)
A transaction items is defined as any debit or credit posted to the
account or deposited into the account.
(2) An
earnings credit is computed based on the average collected balance
maintained during the month. If the credit is greater than
the calculated service fees, there is no charge. The
earnings credit rate is the current base money market rate at the
beginning of the statement cycle.
(3)
Tiered interest begins to accrue on non cash items the business day the
bank receives the deposit and interest
is paid and compounded monthly. No
interest is paid on accounts closed between cycle dates.
Interest rates and annual percentage yields (APY) are set weekly by
First National Bank of Brookfield.
