Business Checking Accounts
NONPROFIT/PUBLIC FUNDS
- Minimum opening balance: $100
- No maintenance fees
- Unlimited check writing
NONPROFIT/PUBLIC FUNDS INTEREST BEARING
- Minimum opening balance: $500
- Interest is tiered at $500, $1000, $2500, and $100,000
- Interest is paid on available daily balance
- No maintenance fees
- Unlimited check writing
COMMERCIAL CHECKING
- Minimum opening balance: $100.00
- Daily Balance: Maintenance Fee:
- Over $750.00 None
- Below $750.00 $6.00 per month
- Unlimited check writing
COMMERCIAL INTEREST-BEARING CHECKING
- Minimum opening balance: $500
- Interest is tiered at $500, $1000, $2500, and $100,000
- Interest is paid on available daily balance
- Daily Balance: Maintenance Fee:
- Over $750.00 None
- Below $750.00 $6.00 per month
- Unlimited check writing
OTHER CHECKING CHARGES
Insufficient funds/paid or returned | $26.00 per check |
Returned check | $5.00 per check |
Stop payment | $26.00 per check |
Overdraft for three consecutive days | $5.50/day |
Dormant Fee: $10.00 per month if balance falls below $300.00.
© Security Bancorp of Tennessee, Inc