The Premier Business Interest Checking Account allows businesses to write an unlimited number of checks. This account earns a slightly higher interest rate for accounts maintaining more substantial balances. A service charge of $20.00 would apply if the average daily balance falls below $25,000.00 during the statement period.
This account is available to sole-proprietorship, public entities and non-profit organizations.
1 Rate information: Interest rate and Annual Percentage Yield are subject to change on your account at anytime. You can contact our branches for current interest rate and Annual Percentage Yield information. Balance Computation Method We use the daily balance computation method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day. Interest Compounding Method and Credit Frequency: The compounding method is simple interest. Interest will be credited to your account monthly.