Business Checking Accounts

ACHIEVE BUSINESS INTEREST CHECKING

This Account Is Best For You If: Your business has average transactions and looking to earn interest on balances over $1,000.

If you want to earn interest on your account balances yet have all the conveniences that come from a checking account, this is a great option for you.

• $500 minimum opening deposit
• Interest earned with a daily balance of $1,000 or higher
• $10 monthly service charge if average balance falls below $500
• Free online banking and debit card, subject to approval
• Transaction fees:
  • Deposit: $0.10 per item
  • Deposited item: $0.10 per item
  • Check item: $0.15 per item
  • ACH item: $0.08 per item
  • AFT, POS & ATM items are processed at no cost

COMMUNITY INTEREST CHECKING

This Account Is Best For You If: You are a non-profit organization or municipality looking for a basic account that earns interest.

This is specifically designed for non-profit organizations. We know the importance of these groups in our communities and have designed an exclusive account for you. It pairs well with a Community Savings Account, which is also designed with non-profits in mind.

• $50 minimum opening deposit
• Earn interest with a daily balance of $1,000
• No monthly service charge
• Free online banking and debit card, subject to approval
• Transaction fees:
  • $0.25 per transaction over 150 per statement cycle
  • Transactions include deposits, deposited items, checks and ACH items.

Disclaimer

Non-profits or municipalities only.

PROGRESS BUSINESS CHECKING

This Account Is Best For You If: Your business is well established and conducts many transactions.

This highly flexible account gives you the best of both worlds – a low starting balance with the ability to generate earnings credit as your balance increases to offset account fees.

• $100 minimum opening deposit
• Earnings credit is calculated on average available balance to offset fees
• $10 monthly service charge
• Online banking and debit card, subject to approval
• Transaction fees:
  • Deposit: $0.10 per item
  • Deposited item: $0.10 per item
  • Check item: $0.15 per item
  • ACH item: $0.08 per item
  • AFT, POS & ATM items are processed at no cost

SUCCESS BUSINESS CHECKING

This Account Is Best For You If: You are a new business just getting started or a small business that does not conduct a large volume of transactions.

One of our most popular business accounts, Success Business Checking, is basic and easy, but still offers all the features a small business or one that’s just starting out needs.

• $100 minimum opening deposit
• Non-interest bearing
• No monthly service charge
• Free online banking and debit card, subject to approval
• Transaction fees:
  • $0.25 per transaction over 150 per statement cycle
  • Transactions include deposits, deposited items, checks and ACH items.

Disclaimer:

All new account applications are subject to approval; a review of your credit history may be used.

What You Need to Apply:

• Tax ID number
• Street address of the principal place of business
• Evident of Existence (Articles of Organization, Operating Agreement, etc.)
• Beneficial ownership information

ACH MANAGER

Secure, electronic way to pay everyone including but not limited to suppliers, vendors and employees or collect rent or membership fees from your clients. This will reduce check writing costs, decrease fraud opportunities and increase payee satisfaction. Our fully customizable solution gives you the ability for dual control processing of your payables. Same Day ACH processing is available for files submitted prior to ACH cutoff times.

BANKWISE ONLINE BANKING

Business online banking platform that offers account access 24/7 at the tips of your fingers via computer, laptop or mobile device. Online bill pay, eStatements, and Alerts.

CHECXCHANGE

Return check management service that assists in the collection process of returned deposited checks. This is a free service that provides peace of mind and less expense with collections.

MERCHANT SERVICES CREDIT CARD PROCESSING

Partner with Deluxe a trusted 3^rd party vendor of Prospect Bank to offer credit card/debit card processing at your business. Competitively priced services that make payment collection quick and easy.

POSITIVE PAY

Automated check fraud detection service that matches checks presented for payment against a check issued file you provide the bank. Exceptions to the matches require a pay or reject decision by your business.

REMOVE DEPOSIT

Secure system allowing paper checks to be scanned at your business location and deposited electronically. This service gets your deposits to the bank faster, safer and more efficiently.

WIRE MANAGER

Secure way to request outgoing wire transfers electronically.