Commercial Checking
The checking plan is for larger businesses to maximize their total banking relationship by using their deposit balances towards the monthly analysis charge. Each month, an account analysis statement will summarize the value of balances in your Commercial Checking Account and the monthly charges accumulated for banking services. Specifically, the statement shows monthly volume, the rate per individual service, total monthly service charge, and the available balance required to pay for these services. A service charge is assessed only if the charges for the services exceed the value of the balances. The balances kept in the account can offset many of your service charges and activity fees. This earnings credit is applied against your average daily balance, less reserves, to help offset the cost of the services each month.
