The interest rate is tiered and may vary at the following levels:
$2,499.99 & Under | $2,500.00-$9,999.99 | $10,000,00-$24,999.99 | $25,000.00 & Over
Up to 25 debit and/or credit transaction items are permitted per statement cycle. Items include but are not limited to: checks, electronic (ACH) debits and credits, debit memos, deposit tickets, and deposited items. Transaction items in excess of 25 will be assessed a fee of $0.25 per transaction on the last business day of the month.
No maintenance charge if the average daily collected balance is at least $1,000.00. If the average daily collected balance falls below $1,000.00, there is a $6.00 maintenance fee per statement cycle.
Available to partnerships, corporations and limited liability companies.