Small Business Checking
- $100 minimum balance to open
- Avoid a $7.00 monthly maintenance fee with:
- No more than 200 transactions
- 200 transactions - combination of 75 debits, 25 credits and 100 deposited items per statement cycle
- $0.25 fee for each transaction over limit in each category
Commercial Checking
Earnings credit is based on a factor set by the Bank of Clarendon.
Credit takes average account balance, subtracts the average float and
the required reserve of 12% to calculate the average investable funds.
Multiply investable funds by the current 91-day Treasury Bill rate to
obtain earnings credit.
Checking charges (additional charges may apply):
- $10.00 monthly maintenance fee
- $0.15 per check charge
- $0.05 per item deposited charge
- $0.25 per deposit charge
Business Advantage
- Available to all commercial customers
- Allows customers to receive statements on CD-Rom
- $25.00 monthly CD-Rom fee
- $50.00 bi-monthly CD-Rom fee
- $5.00 for each additional CD-Rom
- $75.00 yearly CD-Rom fee
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