Business Checking Accounts
The Bank of Hemet offers a wide range of Business Banking products. A Business Banker can customize the banking products and services to meet your needs.
Business Checking Account Comparison
| Product | Business Checking | Business Interest Checking | Business Analysis Account |
|---|
| Designed for: |
Small businesses with a limited level of transaction activity.
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Sole proprietors and nonprofit organizations wanting to earn interest.
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Businesses that have activity levels in excess of the Business Checking levels or utilize additional cash management services.
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| Key Features and Benefits: |
Low Cost
No monthly online banking fee - FREE
FREE Debit MasterCard®
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Low Cost
No monthly online banking fee - FREE
FREE Debit MasterCard®
|
Unlimited Transactions
No monthly online banking fee - FREE
Detailed monthly analysis statement outlines activity
FREE Debit MasterCard®
|
| Monthly Activities: |
Up to:
30 deposits per month¹
200 checks/debits paid per month¹
|
Up to:
30 deposits per month¹
200 checks/debits paid per month¹
|
Collected monthly balances earn credits which offset monthly fees
|
| Monthly Service Fee: |
$10.00
(if daily minimum is not met)
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$12.00
(if daily minimum is not met)
|
$15.00
plus activity charges based on services used and account activity
|
Daily Balance:
(to avoid a monthly fee) |
$1,500
|
$2,500
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Earnings credit on calculated balances
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| Interest: |
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Interest paid monthly²
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¹ Electronic debits or credits are not considered when calculating the per debit or deposit fee. Transaction charges apply if monthly limits are exceeded.
2 Minimum balance of $1,000 must be maintained in the account each day to obtain the minimum disclosed APY. Variable rate may change daily and interest is compounded monthly. Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (for example, checks).
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