|
High Volume With Earnings Credit |
|
Low Volume
Without Interest |
|
Low Volume
With Interest |
| Customer Profile |
Recommended for customers who routinely receive and write a
large number of checks, such as: Corporations, Partnerships, Sole
Proprietorships, Non-Profit Organizations and Government. |
|
Recommended for customers who do not write or receive a large
volume of checks, such as: Corporations, Partnerships, Sole
Proprietorships, Non-Profit Organizations and Government. |
|
Recommended for customers with limited checking activity who
want their funds to earn interest, such as: Sole Proprietorships,
Non-Profit Organizations and Government. |
| Minimum Balance |
None |
|
None |
|
$500 |
| Monthly Maintenance |
$10 |
|
None |
|
None |
| Number of Withdrawals FREE |
None |
|
20 |
|
20 |
| Per Withdrawal Charge |
$.11 |
|
$.20 per withdrawal
over 20/month |
|
$.20 per withdrawal
over 20/month |
Any Deposited Item
Drawn on First PREMIER Bank |
FREE |
|
FREE |
|
FREE |
Number of Deposited
Items FREE |
None |
|
20 local items
20 transit items
|
|
20 local items
20 transit items
|
Per Deposit Item Charge:
Local Items |
$.06 |
|
$.20 per deposit
item over 20/month
|
|
$.20 per deposit
item over 20/month
|
Per Deposit Item Charge:
Transit Items |
$.09 |
|
$.20 per deposit
item over 20/month
|
|
$.20 per deposit
item over 20/month
|
| Earnings Credit |
Earnings credit rate based on the previous monthly average of the 91 day T-Bill |
|
None |
|
None |
| Interest Rate |
None |
|
None |
|
Variable Interest Rate |
| Reserves |
10% |
|
None |
|
None |
| |
FREE
safekeeping or
imaging of checks
FREE
Bill Pay for first two months
Online Banking
|
- 1
- For each month the balance falls below the minimum, a $10 fee will be charged. However, interest is paid on the account, regardless of the balance. Fees can reduce earnings on the account.
- 2
- Items deposited that are drawn on selected local banks. (Local banks are subject to change.)
- 3
- Items deposited that are run through the Federal Reserve other than selected local banks.
- 4
- When safekeeping checks, we will keep a record of your checks, but they will not be returned in your statement.
- 5
- You will receive images of your canceled checks, but original checks will not be returned in your statement.
- 6
- After first two months cost will be $8.95/mo. Includes 25 payments/mo. Each additional payment is 35¢.
Bid pricing is available for businesses with a large volume of transactions.