Business Checking
Commercial Account
At Commercial Bank, our Commercial Checking Account gives you the ability to make transactions whenever, and wherever you want, with 24/7 access to your funds and accounts.
Balance Requirements · Monthly Service Charge
- No Minimum Balance Required
- Monthly Service Charge - $5.00 (plus $.05 per debit transaction)
- Earnings Credit Formula - ($.05 x Lowest Daily Balance / $100)
Account Benefits & Terms
An account for businesses only. To reduce the cost of your service charge, we take into account the amount of your lowest balance during the month. Based on the Earnings Credit Formula, a credit is applied to your monthly service charge.
Business Checking
- Base monthly service fee $5
- Monthly Account Analysis where checks/ACH debits are charged @ 9 cents for every debit exceeding 100 in a statement cycle
- Service charge reduced $2 monthly if enrolled in & receiving e-statement
Business Sweep Checking
- Base monthly service fee $9
- Monthly Account Analysis where checks/ACH debits are charged @ 9 cents for every debit exceeding 100 in a statement cycle
- $25,000 minimum balance requirement to earn interest with tiers:
- 3.00% APY for $25,000 - $99,999.99
- 4.00% APY for $100,000 - $499,999.99
- 4.30% APY for $500,000+
- APYs based on RISE Money-Market Tiers in effect & subject to change at any time without notice
- Service charge reduced $2 monthly if enrolled in & receiving e-statement
Business accounts feature these benefits: Free bank zipper bag, Free OLB user access, Free Debit Card for authorized users, Free Coin Counting, Night-Deposit available
Disclosure: OD or NSF item fees may apply. Fees may reduce earnings.