Whether you are a fashion designer or a brain surgeon, a one man hot dog stand or a corporation with hundreds of employees, we have account options to fit businesses of every size.
|Name/Type||Required Opening Deposit||Account Fee||Debit Card||Interest|
|Small Business Checking||$50.00||see below||Available – see below||None|
|Business Checking||$100.00||see below||Available||None|
|Business NOW||$1,000.00||see below||Available||Variable Rate|
All of our checking accounts include access to our free online account access, free mobile banking, and a debit card with access to over 50 fee-free ATMs in the St Cloud area through the MoneyPass Network.
Free Check images with eStatements. Optional $2.00 fee for paper check images.
Small Business Checking Account
For businesses that write a minimal number of checks per month, this is an account that is simple and straightforward.
$5.00 monthly maintenance fee if more than 20 debit transactions per statement cycle.
$.25 for every debit transaction over 50 per statement cycle.
$.15 for each deposited item over 50 per statement cycle.
Business Checking Account
For businesses that have outgrown the Small Business Checking account, this account offers all the features that business owners would come to expect, plus the added ability to earn a credit back to the account to reduce or even eliminate monthly fees.
$10.00 monthly maintenance fee.
$.20 for each debit transaction.
$.10 for each paper deposit ticket.
$.10 for each deposited paper item.
$.10 for each ACH deposit.
Account receives a credit of $.25 per $1,000.00 average monthly collected balance per statement cycle.
Business NOW Account
For non-profit businesses and Sole Proprietor only.
$8.00 monthly maintenance fee if the daily balance drops below $1,000.00 any day of the statement cycle.
$.10 for each deposited item.
Prime Time Money Market Account
Once a business grows enough to have some extra cash flow, the Prime Time account is a great way to earn interest while keeping funds easily accessible.
$8.00 monthly maintenance fee if the daily balance drops below $2,500.00 any day of the month.
$5.00 per debit transaction over 6 per month.