Commercial Banking

Deep Roots, No Branches

Business NOW

  • Minimum opening deposit: $1,500.00
  • A $12.00 minimum balance fee on daily balances below $1,500.00
  • Interest paid on balance at $1,500.00 and over
  • No charge for the first twenty (20) withdrawals
  • A $0.15 excessive transaction fee assessed for withdrawals over twenty (20)
  • No per check charge
  • No limitations on the number of deposits

    24-hour telephone access
    Computer banking access

Account available to sole proprietors, non-profit organizations and certain other entities allowed by Federal Regulation

Business Checking

  • Minimum opening deposit: $500.00
  • Monthly maintenance fee: $12.00

A $0.15 per check charge
A $0.30 per deposit charge
A $0.10 per deposited item charge
A $0.15 per ACH debit and credit charge

An earnings credit of $0.30 for every $100.00 on the average balance to offset monthly fees.  If the earnings credit exceeds the total charges, no service charges will be assessed for that month. If the total charges exceed the earnings credit, the NET difference is assessed as a monthly charge.

* No transaction limitations apply to this account

24-hour telephone access
Computer banking access

Business Savings

  • Minimum opening deposit: $500.00
  • A $5.00 minimum balance fee on daily balance below $500.00
  • Interest paid on balance at $500.00 and over
  • Three (3) withdrawals per statement cycle
  • A $2.00 excessive transaction charge for each withdrawal over three (3)
  • Can be linked to checking account for overdraft protection

    24-hour telephone access
    Computer banking access

Business Money Market

  • Minimum opening deposit: $1,000.00
  • No minimum balance fee for daily balance at $2,500.00 and over
  • A $10.00 minimum balance fee on daily balance below $2,500.00
  • Interest paid on balance at $2,500.00 and over
  • Six (6) transactions per statement cycle (3 by check-3 otherwise)
  • A $15.00 excessive transaction fee for withdrawals over six (6)
  • No limitations on the number of deposits

24-hour telephone access
Computer banking access

 

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701 Whitehead Street, Key West, Florida 33040
305-294-3540 Fax 305-294-2177

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