Available with your EBANK Business Checking Account:
- Online Services: Online Banking, Business Bill Pay, eStatements, Mobile Banking
- Business Debit Cards
- Check images with your monthly statement
- Merchant Processing
Small Business Checking
| Transaction Fees |
|---|
| Debit entries (In excess of 30) | $.25 each |
| Credit entries and deposited items (In excess of 60) | $.20 each |
Minimum deposit to open the account – $100.00
A $5.00 minimum balance fee will be imposed every statement cycle, if the balance falls below $1,000.00 during any day of the cycle.
Business Analysis Checking
- Minimum deposit to open the account – $100.00
| Schedule of Charges |
|---|
| Monthly account maintenance | $10.00 |
| Debit entries | $.20 |
| Credit entries | $.20 |
| Deposited items | $.07 |
| Accounts with a negative average collected balance will be charged our base lending rate plus 1.00% on these uncollected balances. |
Business Analysis Checking Example
| Earnings |
|---|
| Average collected balance | $150,000.00 |
| Less 10% reserve requirement | $15,000.00 |
| Net balance available for investment | $135,000.00 |
| Earnings credit | $24.85 |
| Activity Charges |
|---|
| Account maintenance | $10.00 |
| Activity charges - 50 debit entries @ $.20 | $10.00 |
| 15 check entries @ $.20 | $3.00 |
| 100 checks deposited @ $.07 | $7.00 |
| Activity Charges | $30.00 |
| Service Charge Summary |
|---|
| Total activity charges | $30.00 |
| Less earnings credit | $24.85 |
| Net Analysis | $5.15* |
| Sales tax | $0.31 |
| Total charges | $5.45 |
