Business NOW Checking

Business NOW Checking


The Business NOW account combines the flexibility of a checking account with the earnings ability of a money market. This account is limited to sole proprietors and non-profit organizations that qualify under IRS code section 501C (3) through 501C (13) or 501C (19). This account only requires an average daily collected balance of $2,000.00, and provides 60 free transactions per month. A $10.00 service charge will apply if the average daily collected balance is not maintained, and a .50 cent charge will apply for each transaction in excess of 60. Interest is earned on an average daily balance of $5,000.00. Contact the bank today for current rates.