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Business Deposit Accounts |
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At TheEDGEBANK we offer a variety of Business Banking Options that can be customized to meet the needs of any business.
Business Checking Options
| Business Checking |
| |
Small Business Checking |
Business Checking |
| Opening Balance |
$50 |
$50 |
| Monthly Maintenance Fee |
$500 = $5 |
$7.95 |
Transaction Fees
Per Check
Per Deposit
Per On-Us
Per Foreign Item |
50 free "items" > 50 = $.20 per transaction |
$0.12
$0.10
$0.03
$0.07 |
| Excess Transaction Fee |
$.20 per excess
transaction |
____ |
| Earnings Credit |
____ |
80% of 3 Month
Treasury Bill
Monthly
Average |
| Interest |
____ |
____ |
| Statement |
Check Safekeeping |
Check Safekeeping
(Cancelled Check Return = $2.50) |
| ATM / Debit Card |
Visa Check Card |
Visa Check Card |
| Online Banking & Bill Payment |
Free Online
Banking / Bill
Payment Available |
Free Online
Banking / Bill
Payment Available |
Business Savings Options
| Savings |
|
Traditional
Savings |
Premier
Savings |
Cash
Management
Savings |
| Opening Balance |
$10 |
$50 |
$50 |
Monthly
Maintenance Fee |
< $100 = $2 |
< $1,000 = $5 |
< $5,000 = $10 |
Check Writing /
Transaction
Limitations |
< 6 Withdrawals
per Statement |
< 6 Withdrawals
per Statement |
< 6 Withdrawals per Statement |
Excess
Transaction Fee |
$1 per excess
transaction |
$1 per excess
transaction |
$5 per excess
transaction |
| Earnings Credit |
____ |
____ |
____ |
| Interest |
Variable |
Variable |
Tiered, Variable |
| Statement |
Statement |
Statement |
Check Safekeeping
(Cancelled Check Return = $2.50) |
| ATM / Debit Card |
____ |
____ |
____ |
Online Banking /
Bill Payment |
FREE Online
Banking |
FREE Online
Banking |
FREE Online
Banking |
Business Debit Cards
We offer Visa Check Cards on our Business Checking accounts. Each card has daily limits for your protection.
ATM/POS aka “Debit Transactions” (Pin based transactions):
$500.00 ($110.00 Offline) daily limit
Visa Debit aka “Credit Transactions” (Signature based transactions):
$750.00 ($300.00 Offline) daily limit.
If your card should become lost or stolen call 800-VISA911 immediately.
Click here for more information on Free ATMs
Business Sweep Accounts
We have Commercial Sweep Accounts available. To see if this service is right for your business, please see a representative for more details.
Online Banking & Bill Payment
With Online Banking from TheEDGEBANK you can:
- Obtain Account Information
- View and print your account statements
- Transfer funds or make a loan payment
- Sign-up for Bill payment and you can even pay your bills online
Other Services and Fees
| ATM / Debit Card: |
| Replacement Card |
$5.00 |
| Other Bank withdrawal |
$.50 |
| Non-Customer Transaction Fee |
$2.00 |
| Bookkeeping Services: |
| Account Research |
$25.00 per hour |
| Activity Printout |
$2.00 |
| Account Reconciliation |
$25.00 per hour |
| Collection - Incoming |
$15 (plus other bank fees) |
| Collection - Outgoing |
$15.00 |
| Legal (Levy, Garnishment, etc.) |
$50.00 |
| Special Statement |
$2.00 |
| Photocopies |
$.30 per copy |
| Research Copies |
$1.00 per copy |
| Returned Deposited Item |
$3.00 |
| Checks & Specialty Items: |
Cashier’s Check
|
$3.00 ($5 non-customer)
|
Gift Checks
|
$2.50
|
| Money Orders |
$2.00 ($2 non-customer) |
| Miscellaneous: |
| Notary Public |
$2.00 |
| NSF / Overdrafts: |
Stop Payment
|
$20.00
|
Overdraft
|
$30.00
|
Continuous Overdraft per day
|
$1.00 per day
|
Returned Check
|
$30.00
|
| Postdated Check |
$30.00 |
| Online Services: |
Online Banking
|
FREE
|
| Online Bill Payment |
FREE |
| Transfers: |
ACH
|
FREE
|
| Telephone Transfer |
$1.00 |
| Wire Transfers - Incoming |
FREE |
| Wire Transfers - Outgoing |
$20.00 |
| Wire Transfer - Foreign |
$85.00 |
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