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Commercial Account Analysis with Interest |
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Sole proprietors that can provide tax identification number, verifiable address, date of birth and proof of identity; or nonprofit organizations that provide tax identification number, verifiable address, proof of authority to open an account and proof of identity of person opening the account. For those with a high volume of transactions.
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$100 minimum opening deposit. |
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Earns interest on all collected balances. |
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Monthly statement with images. |
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Analysis charges for services used; earnings credit for collected balances. |
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Monthly analysis statement with the following details: Balance summary, Monthly volume, Detail of charges for banking services, Fees per individual service, and Earnings credit |
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Maintenance fee $8 per month. Debit items will be charged at .15. Deposited item charge .075 US or .12 foreign. Deposit ticket will be charged at .15. Uncollected balance charge is Prime + 4%. Overdraft balance charge is Prime + 4%. FDIC assessment charge as established by FDIC. 10% of collected balance for reserve requirements. Deposited items returned $5 per item. Regular fee schedule applies. |
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