CHOOSE THE CHECKING ACCOUNT THAT IS RIGHT FOR YOU
Mound City Bank knows every business is different. That's why we offer a choice of business checking & investment accounts designed to help you meet your needs & reach your financial goals.
Business Checking
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Business Checking with Interest
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Commercial Checking
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Premier Checking with Interest
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Business Checking
w Designed for limited activity that offers 100 FREE debits + deposited items per
statement cycle.
w Debits + deposited items over 100 per statement cycle are $0.30 each.
w Minimum deposit of $100.00 to open
w $7.00 monthly maintenance fee if daily balance falls below $500.00
Monthly Maintenance Fee:
E-Statement FREE
Paper Statement $7.00
Business Checking with Interest
w Designed for limited activity that offers 100 FREE debits + deposited items per
statement cycle and interest earned on balances.
w Debits + deposited items over 100 per statement cycle are $0.30 each.
w Minimum deposit of $5000.00 to open
w $10.00 monthly maintenance fee if daily balance falls below $5000.00.
You must maintain a minimum balance of $5,000.00 in the account each day to obtain the disclosed annual percentage yield.
Monthly Maintenance Fee:
E-Statement FREE
Paper Statement $7.00
Commercial Checking
w Designed for account activity of more than 100 debits + deposited items per monthly
statement cycle.
w Account analysis feature rewards you with an earnings credit based on your account
balance to help offset monthly fees. Account analysis feature includes the following fees and services:
Monthly Maintenance Fee:
E-Statement $4.00
Paper Statement $7.00
Debits (per item)
(including checks, automatic payments,transfers, etc.) |
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$0.12 |
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Deposited Items:
Mound City Bank - On Us
All Other Debits |
Pre-encode
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|Un-encode
$0.07
$0.09 |
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Deposited Items Returned:
Re-deposited Iitems
Charged Back to Account
Held as Cash Item
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$3.00
$5.00
$5.00 |
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Coin & Currency:
Per Roll of Coin
Per Strap of Currency |
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$0.10
$0.20 |
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| Negative Collected Balance Fee: |
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Prime +
1% |
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Wire Transfers:
Incoming/Outgoing
International - Outgoing |
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$20.00
$40.00 |
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| All other fees and services would be a direct fee to the account based on our Business Deposit Service Fee Schedule. |
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Overdrafts paid |
$30.00 per item paid, maximum $120.00 per day |
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NSF check returned |
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$30.00 per item,
no maximum |
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| If the ledger balance is overdrawn $10.00 or less, there will be no overdraft fee. |
Premier Checking with Interest
w Designed for limited activity that offers 100 FREE debits + deposited items per monthly
statement cycle and interest earned on balances over $20,000.00.
w Debits + deposited items over 100 per statement cycle are $0.30 each.
w Minimum deposit of $20,000.00 to open.
w $20.00 monthly maintenance fee if balance falls below $20,000.00.
Tiers to earn higher rates of interest:
Tier 1 $100,000.00 and over
Tier 2 $50,000.00 - $99,999.99
Tier 3 $20,000.00 - $49,999.99
You must maintain a minimum balance of $20,000.00 in the account each day to obtain the disclosed annual percentage yield.
Monthly Maintenance Fee:
E-Statement FREE
Paper Statement $7.00
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