Commercial Business Checking
This account delivers maximum flexibility for larger businesses with greater transaction activity. It provides opportunity for both interest and an earnings credit based on your balance. The earnings credit is applied toward per-item fees, potentially offsetting them completely.
- Summary
- Monthly earnings credit based on balance
- Earnings credit applied toward per-item and monthly fees
- Free MasterCard debit card
- Free online banking with bill pay
- Free e-Statements available
- Free telephone banking
- $250 minimum deposit to open
- FDIC insured
- Account Analysis
A net earnings credit will be calculated at the end of each statement cycle based upon the investable balance of the account. Should the account qualify as an interest bearing account, all interest paid will be deducted from the gross earnings credit to determine the net earnings credit.
This net earnings credit will be applied to reduce or completely offset the following account analysis fees:
- Monthly maintenance fee: $10
- Debit transactions: 14¢ per item
- Credit transactions: 12¢ per item
- Hancock Bank clearing items: 4¢ per item
- Non-Hancock Bank clearing items: 6¢ per item
Fees may be adjusted solely at bank's discretion.
