Non-Profit Checking is an interest-bearing checking account only available to non-profit organizations; it is not available to any other corporations (LLC, corporations, partnerships, etc.) or sole proprietorships.
Key Benefits
- Free Business Debit Card
- Free monthly e-Statement
- Free Direct Line 24 (telephone banking)
- Unlimited Customer Service Assistance
- Unlimited Transactions
Interest is earned at the prevailing market rate in four (4) tiers. Interest accrues daily and is paid monthly.
Tier I ........... $0 - $2,499.99
Tier II .......... $2,500 - $24,999.99
Tier III ......... $25,000 - $49,999.99
Tier IV ........ $50,000 & above
Rates are subject to change at any time without notice.
Minimum Opening Deposit - $100
Minimum Balance Requirement - $1,000
If the account balance falls below the $1,000 minimum balance requirement, the following service charges apply:
- Monthly Service Charge: $18
- $0.20 per statement entry per statement cycle
- $0.10 per deposit item per statement cycle
Activate free eStatements to avoid a $3 monthly paper statement fee.