This interest-bearing account is designed specifically for sole proprietors and nonprofit organizations. Account features include:
- $2,500 daily minimum balance avoids an $8/month maintenance fee
- 300 combined transactions per month included*
- Free small business online banking and bill payment
Interest compounds monthly. Annual Percentage Yield (APY) subject to change.
*A fee of $0.09 per item over 300 will be charged during a statement cycle. A transaction includes checks paid, checks deposited, and incoming ACH credits and debits. Fees could reduce earnings on the account.