Business Accounts - Checking
At the First National Bank of Brookfield we are committed to helping your business succeed
and we have created a series of straightforward business checking accounts ideal for each
and every type of business. Our friendly staff can help you determine which account fits
yours needs now and in the future as your business evolves.
Internet Banking, Bill Pay and Cash Management tools are all available to help you manage your accounts at no additional charge.
Free Small Business Checking
Ideal for customers making fewer than 50 transactions per month.
Low Volume Business Checking
Ideal for customers with a moderate number of transactions per month looking for a level fee.
Business Checking
Enjoy unlimited transactions at one set per item fee (unique in banking) and off-set those
fees with a very competitive earnings credit rate on your checking account balance.
Business Super NOW
Perfect for sole proprietors and non-profit organizations looking to earn interest on their checking account balance.
|
Minimum Opening Deposit
|
Monthly Minimum Balance |
Monthly Maintenance Charge |
Free Transaction Items (1)
|
Additional Item Fee |
Balance Analyzed (2)
|
Interest Bearing (3)
|
Free Small Business Checking
|
$200 |
---- |
---- |
50
|
$0.50 |
No
|
No |
Low Volume Business Checking
|
$200 |
---- |
$9.95 |
100 |
$0.40 |
No |
No |
Business Checking
|
$200
|
---- |
$15.00
|
50 |
$0.20
|
Yes
|
No |
Business Super NOW (Ownership Restrictions Apply)
|
$10,000 |
$10,000 |
$15.00
|
50 |
$0.20 |
Yes |
Yes
|
Business Money Market
|
$10,000 |
$10,000 |
----
|
n/a |
n/a |
n/a |
Yes
|
(1) A transaction item is defined as any debit or credit posted to the account or deposited into the account.
(2)An earnings credit is computed based on the average collected balance maintained during the month.
If the credit is greater than the calculated service fees, there is no charge. The earnings credit rate is the
current base money market rate at the beginning of the statement cycle.
(3) Tiered interest begins to accrue on non cash items the business day the bank receives the deposit
and interest is paid and compounded monthly. No interest is paid on accounts closed between cycle dates.
Interest rates and annual percentage yields (APY) are set weekly by First National Bank of Brookfield.