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· Available only to businesses that are non-profits, muncipalities and sole
proprietorships.
· The minimum deposit required to open this account is $500.
· No Monthly Maintenance Fee, if the required minimum daily or average
balance is maintained.
· No Per Debit Charge.
· No Per Deposit Item Charge.
· The Minimum daily balance must be over $500 or the average daily balance must
be $1,500 for the monthly statement cycle or a $5 fee plus $.10 for each check written is charged.
· Interest is compounded monthly on this account.
· Interest accrues daily.
· Interest is paid monthly at a variable rate.
· Unlimited Check Writing Privileges.
· No transaction fee if the required minimum balance is maintained.
· Check printing(fee depends on style of check ordered).
· Your check presented against insufficient funds(maximum of four(4) per day) - $25ea.
· FREE The Chief ATM Card for Sole Proprietors.
· FREE Chief Check Debit Card for Sole Proprietors.
· FREE TeleCHIEF Phone Banking.
· FREE ECHIEF Internet Banking. |