Features and Benefits: A flexible choice for companies with higher activity and/or higher balances.
This account is analyzed, so fees may be offset by an Earnings Credit Allowance based on your balance. Transactions are unlimited. Checks may be ordered from Deluxe Check Printers at the bank at your own expense. Each month, you will receive a checking account statement and an analysis statement detailing your account activity and service fees.
Maintenance fee $ 4
Checks written and other debit items $ .14
Number of Deposit slips/other credits $ .25
Number of items deposited, on us/local/regional $ .10
Other general bank fees apply.
An Earning Credit Allowance may offset activity and maintenance fees. This credit is the product of the average available account balance times 75% of the prior month’s annualized 3-Month T-Bill rate. This credit is for offset purposes only. It will not carry over to subsequent months, and will not be added to account balance if it is greater than the monthly fees assessed.
Please see a new accounts representative for more details.
Minimum opening balance requirement is $300.
Corporate resolution or DBA papers must be on file with Peoples Federal Savings Bank.