Business Draft Accounts
Tier One is for business checking who will have 50 or less items per month. Tier Two is for business checking who will have more than 50 but less than 150 items per month.
Tier One Benefits:
$300.00 Average Daily Balance Required
$5.00 Per Month Service Fee
No Per Item Charge
No Interest Paid On Accounts
$3.50 Fee Each Month That The Average Daily Balance Falls Below The Minimum
All Other Share Draft Fees Apply
No Interest on Checking
Tier Two Benefits:
$500.00 Average Daily Balance Required
$10.00 Per Month Service Fee
No Per Item Charge
No Interest Paid on Accounts
$3.50 Fee Each Month That The Average Daily Balance Falls Below The Minimum
All Other Share Draft Fees Apply
No Interest on Checking
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Because we are a consumer cooperative, designed primarily to serve member accounts, we do not wish to open or maintain accounts with greater than 150 monthly transactions as we believe it will impact our ability to provide the high level of service that our members expect and demand.
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