Basic Business Checking
No monthly maintenance fee
Safekeeping - checks are not returned
Credit of $0.10 per $100 minimum balance:
This earning allowance can offset monthly charges
Transit items:
- (checks not drawn on SNB) - incurs a per item charge of $0.03 assessed for all transit items processed per cycle
$0.05 per item charge:
- items include deposit tickets and checks written on account
Business Checking
No monthly maintenance fee
Safekeeping - checks are not returned
Credit of $0.10 per $100 minimum balance:
This earning allowance can offset monthly charges
Transit items:
- (checks not drawn on SNB) - per item charge of $0.03 assessed for all transit items processed per cycle
$0.05 per item charge:
- items include deposit tickets and checks written on account
Business NOW Checking Account
Interest-bearing Account:
- Rate is variable and subject to change daily
- Interest is calculated daily on collected funds
- If daily balance drops below $5,000 on any day of cycle, the following charges apply: $6 service charge + $0.20 per item charge
Some restrictions apply
Public Funds NOW Checking Account
Interest-bearing:
- Rate is variable and tiered - subject to change daily
- Interest is calculated daily on collected funds
- If daily balance drops below $5,000 on any day of cycle, the following charges apply: $6 service charge + 0.20 per item charge
Daily collected balance requirements
Business Money Maker Checking Account
Free Checks
If daily balance drops below $1,000 on any day of the cycle, a $5 service fee applies
Interest-bearing account:
No monthly service charge with $1,000 minimum daily balance
- Interest is calculated daily on collected funds
- Variable, simple interest rate subject to daily change
- Rate is tiered
Daily collected balance requirements:
- Limited Transactions: 6 total per month; $1.25 charge per additional debit
- Telephone transfers accepted per request by customer
- 24 Hour Teller
- Check Payable to third parties (3 per month)
- Debit Card transactions (3 per month)
- Unlimited Transactions: Automatic transfers for SNB loan payments Transfers & withdrawals by mail, messenger, or ATM
- Withdrawals made in person
- ACH Debits
- Transfers to cover overdrafts on a transaction account made per pre-authorized agreement
Business Online Banking
- FREE 24-hour banking at your fingertips
- View transactions in real time
- View transaction history
- Complete transfers between existing accounts
- Add stop payments - $20 per stop payment request
Business Bill Payment
All the benefits of Online Banking PLUS:
- UNLIMITED online bill payment
- Domestic wire transfers - $15 per wire request
- ACH Payroll processing - $10 per file;
- Return items/notification of change - $1.75
