| Description |
A lower-threshold minimum balance account designed for small businesses.
|
For the busy business person who needs only the basics, but with some extras tossed in.
|
Designed for the Sole Proprietor who has earned select privileges. Everything you need to manage your business account in an interest-bearing vehicle.
|
Designed for business entities and corporations who maintain higher than average checking account balances. Everything you need to manage your business account in an interest-bearing vehicle.
|
| Minimum to Open |
$25 |
$25 |
$25 |
$25 |
| Minimum Balance to Avoid Monthly Service Charge |
$500 daily minimum,
or a minimum of 10 debit card purchases* completed per monthly statement cycle. |
$1,000 daily minimum
or an average daily balance of $5,000. |
$2,000 daily minimum. |
$10,000 daily minimum. |
| Interest |
None |
None |
Yes
Compounded monthly on balances greater than $3,500 & $10,000 (2 tiers)
|
Yes
Compounded monthly on balances greater than $10,000, $25,000 or $100,000 (3 tiers)
|
|
Monthly Service Charge
|
$10
(if minimum balance not met)
|
$8
(if minimum balance not met)
|
$12
(if minimum balance not met)
|
$35
(if minimum balance not met)
|
|
Special Features
|
N/A |
N/A
|
Earn a bonus interest rate on one Companion Investor's Money Market Account
|
N/A
|
|
ATM Fees
|
Unlimited transactions at MCT ATMs
$2 for each foreign ATM Transaction
Surcharges may apply
|
Unlimited transactions at MCT ATMs
$2 for each foreign ATM Transaction
Surcharges may apply
|
Unlimited transactions at MCT ATMs
$2 for each foreign ATM Transaction
Surcharges may apply
|
Unlimited transactions at MCT ATMs
$2 for each foreign ATM Transaction
Surcharges may apply
|
|
Free Online & Mobile Banking
|
Yes |
Yes |
Yes
|
Yes
|
|
Free e-Statements
|
Yes
(Optional Paper Statements $5/month) |
Yes
|
Yes
|
Yes
|
|
Business Bill Pay
|
$7.95/month - first 10 transactions included, then $0.50 for each additional transaction. ** |
$7.95/month - first 10 transactions included, then $0.50 for each additional transaction. **
|
$7.95/month - first 10 transactions included, then $0.50 for each additional transaction. **
|
$7.95/month - first 10 transactions included, then $0.50 for each additional transaction. **
|
