| Account Name | Opening Balance | Earns Interest | Minimum Balance | Monthly Service Charge |
|---|---|---|---|---|
| Small Business Checking | $100.00 | No | $0.00 | $0.00 |
| Business Checking | $100.00 | No | $0.00 | $6.00 |
| Business Interest Checking | $100.00 | Yes | $0.00 | $6.00 |
| Business Savings | $500.00 | Yes | $500.00 | $5.00 |
| Optimum Money Market | $2500.00 | Yes | $1000.00 | $10.00 |
| Certificate of Deposit | $500.00 | Yes | N/A | None |
Small Business Checking
• First 250 items are free, and then $0.25 fee per item over 250 applies
• ACH debits and credits do not apply to the 250 item limit.
• Business VISA® Debit Card available
Business Checking
• $0.18 per debit or credit
• $0.08 per deposited item
• An earnings credit is applied against monthly fees and is set at a competitive rate
• Business VISA® Debit Card available
Business Interest Checking
• $0.18 per debit or credit
• $0.08 per deposited item
• Interest earned on the daily collected balance
• Business VISA® Debit Card available
Business Savings
• Six free withdrawals are allowed per month
• $5.00 per withdrawal over six
Optimum Money Market
• Tiered interest
• Six free withdrawals are allowed per month
• $10.00 per withdrawal over six
• $0.25 deposited item fee for more than 30 per month
Certificate of Deposit
• Variety of terms from 91 days to 60 months