products / services

business accounts

Account Comparison Table	Simplified Business Checking	Commercial Checking¹	First Place Business Checking	Business Statement Savings
Account Description	Simplified checking account that charges a flat fee. Ideal for small businesses.	Checking account that allows the balance in the account to earn credits towards monthly service charge.	Business checking with low or no monthly service fee as long as you maintain a minimum balance.	Interest bearing savings account with low minimum balance requirements.
Minimum to Open Account	$100.00	$100.00	$1,500.00	$100.00
Minimum Balance	NONE	NONE	$1,500.00	$100.00
Monthly Service Fee	$7.50 for first 75 debit items then $.25 per item.	Fee calculated by Analysis.	None if balance stays above minimum, $7.50 if balance falls below during statement cycle.	None if balance stays above minimum, $5.00 if falls below during statement cycle.
Interest Bearing
Limitations			Limited to 125 Credit items and 25 Debit items. Charged $.25 per item thereafter.	6 withdrawals per month, 18 per quarter.

¹ May be linked to a sweep account to earn interest.

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