Business Checking/Business Interest Checking
Ideal for businesses with greater account transaction activity. Also allows your balance to work for you by offsetting service charges or earning interest, plus gain access to a complete line of cash management solutions.
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Paper statement fee - $5.00
Service Charge:
- Monthly maintenance fee - $10.00
- Check paid - $0.15
- Electronic debit or credit - $0.10
- Check deposited - $0.10
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Earn interest or receive earnings credit to offset service charges.
Earnings credit: |
- Calculated on average positive balances, less 10% reserve
- Variable rate based on current market
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Charges incurred for negative balances:
- Calculated on average negative available balance
- Based on Prime plus 4.75%
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Small Business Checking
Ideal for small businesses with limited transaction activity. Our convenient add-on packages provide the financial solutions you need to efficiently manage and grow your business. Four packages are available; find the one that best fits your business's needs.
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200 free combined transactions per month
Per excess transaction - $0.50
A transaction includes, deposits, deposited items, checks paid, ACH debits & credits, check card purchases, and ATM debits.
Paper statement fee - $5.00
- Frandsen Bank & Trust reserves the right to move high-activity customers to the Business Checking account
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| Package A - Online Account Management |
No Monthly Charge |
- Business Online Banking
- Mobile Banking
- Mobile Deposit
- eStatements
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- Online Bill Payment*
- Account Alerts
- Internal Transfers
- Transaction Monitoring (including check images)
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| * - Online Bill Payment must be used once every 30 days or an Online Bill Pay billing fee of $6.95 will apply. |
| Package B - Cash Management |
$25.00 per month |
- All services in Package A
- ACH Origination (additional fees may apply)
- Online Wire Origination
- Two Employee Tokens
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| Package C - Remote Deposit Capture |
$40.00 per month |
- All services in Package A
- Includes small scanner lease and software ($60.00 per month for large scanner lease and software)
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| Package D - Cash Management and Remote Deposit Capture |
$60.00 per month |
- All services in Package A
- All services in Package B
- All services in Package C ($80.00 per month for large scanner lease and software)
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Community Groups Checking
A low-cost banking solution for small non-profits and community organizations.
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100 free combined transactions per month
Per excess transaction - $0.15
A transaction includes, deposits, deposited items, checks paid, ACH debits & credits, check card purchases, and ATM debits. |