CornerStone State Bank has a Business Account to fit your business needs.
Account is FREE to most small and intermediate businesses.
FEATURES: |
| · No Fee Coin & Currency Transactions |
· Overdraft Protection |
| · Night Depository |
· Line of Credit |
| · Visa/MasterCard Merchant Program |
· Direct Deposits |
| · Endorsement Stamps |
· ACH (in or out) |
| · Zipper or Lock Bags |
· Earning Credit on all charges |
| · Many Types Of Checks & Journals |
· FDIC Insured |
| · 24 Hour Touch Tone Teller |
· Free Check images |
| · Check Verification Teller (24 hrs) |
· ATM - Access |
| · Fax Back of Account Information (24 hrs) |
· Debit Card |
Monthly Maintenance: A low monthly maintenance fee of $7.00.
Business Checking
Maintain an Average Balance of $500 and maintenance fee is "Waived Off". |
Business Checking with Interest
Maintain an Average Balance of $750 and maintenance fee is "Waived Off". |
Monthly Activity: FREE
- If 30 or less Checks & Debits/Credits/month (to include electronic entries)
- If 30 or less Transit items/month
- If 5 or less Deposits/month
- If account exceeds the above activity, the "Earnings Credit" can off set the Activity Charges.
Activity Fees:
- 0.16 per Checks & Debits/Credits (to include electronic entries)
- 0.24 per Deposit
- 0.09 per Transit item (other bank checks deposited)
- 0.06 per on us Checks (CornerStone State Bank checks deposited)
EARNINGS CREDIT:
- Your Earnings Credit is based on Average Collected Account Balance.
- A generous Earnings Credit Rate is set monthly by CornerStone State Bank and
is subject to fluctuation as interest rates change in the market place.
- An itemized activity statement is provided with all business accounts.
- Checking accounts held by corporations, per federal regulation, are not
eligible to receive interest. However, corporations are allowed to have Money Funds.
Call CornerStone State Bank for details.
- Checks made out to a business cannot be cashed; they must be deposited
into the business account. If you need to receive cash, you will need to write a check
and cash it.
- CornerStone State Bank reserves the right to change account types based
on legal regulation changes or activity changes. Written notice will precede any account
type changes.
- Interest paid on Business Checking is variable and is subject to
fluctuation as interest rates change in the Market Place.
10/4/05
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