Accounts to Fit Nearly Any Business
If you’re a small business, an account designed for a corporation won’t work for you, and vice versa. At City State Bank, we’ve developed our business checking accounts to cater to the specific needs of different sizes of businesses. Along with our Online & Mobile Banking and Business Services, this helps you be more efficient and make the most of every dollar.
Ready to open your business checking account? Stop by any City State Bank office today to get started!
Business Checking Account Comparison
Compare the different checking options we provide below to find the best solution for your business. If you have any questions, please feel free to reach out to any of our Business Bankers for help.
|
Business Checking 1 |
Business Checking 2 |
Business Checking 3 |
Business Interest Checking |
|
|---|---|---|---|---|
|
Average Daily Balance Required for No Minimum Balance Fee |
None |
$2,000 Minimum Daily Balance is $2,000. If balance falls below $2,000, then a $10.00 maintenance fee is applied per statement cycle |
Minimum Daily Balance is $3,000. If balance falls below $3,000, then a $10 maintenance fee is applied per statement cycle. |
Minimum Daily Balance is $1,000. If balance falls below $1,000, then a $10 maintenance fee is applied per statement cycle. |
| Account Description | If you’re looking for a simple business account with minimal transactions, this is the one for you | This account is perfect for businesses running 100+ transactions each month. | If your business is highly transactional each month, this account will keep things simplified for you. | Our Business Interest Checking account is for those running minimal transactions but looking to earn a bit of interest on your money. |
|
Amount Required to Open Account |
$100 |
$2,000 |
$3,000 |
$1,000 |
|
Interest Paid |
No |
No |
No |
Yes, $1,000 minimum daily balance |
|
Other Things to Know |
A service charge of $.25 per debit, credit, or deposited item over 100 per statement cycle Check images not received Overdraft Privilege** |
A service charge of $.25 per debit, credit, or deposited item over 200 per statement cycle Check images received in monthly statement Overdraft Privilege** |
A service charge of $15.00 per month and $.25 per debit, credit, or deposited item over per statement cycle. Check images received in monthly statement |
A service charge of $.25 per debit, credit, or deposited item, over 20 per statement cycle |
* Limited debit = a preauthorized or automatic transfer, computer or telephone transfer, or withdrawal, check, draft, debit card, or similar order.
** Subject to bank discretion. Overdraft charge of $27 per item imposed for overdrafts created by checks, in-person withdrawals, ACH, Point-of-Sale, ATM withdrawals, or by other electronic means. Payment of your overdraft is discretionary and we reserve the right not to pay. For example, we typically do not pay overdrafts if your account is not in good standing, you are not making regular deposits, or you have too many overdrafts. Overdraft Privilege balances must be paid within 30 days. The bank has the right to require payment to bring the amount current immediately after an overdraft.
Note: A funds usage charge of the Bank's prime rate plus 4.0% will be charged on all negative collected balances.