Business Checking

 

Fidelity Business Checking Ltd.
An ideal account for small businesses and sole proprietors
that have less than 100 transactions per month (including
deposited items and electronic transactions).


$100 deposit to open


Minimum daily balance to avoid monthly service charge:
$2,500 in Business Checking Ltd. or
$5,000 in linked business savings, business money markets
or business CDs
Monthly service charge: $5.00
Account does not earn interest


Imaged items in statement provided at no charge
Original checks in statement: $5.00 per month
$.35 fee per excess transaction


Contact a Fidelity Business Banker for additional details.


Fidelity Business Checking Ltd. II
For small to medium size businesses and sole proprietors
that have less than 175 transactions per month (including
deposited items and electronic transactions)
.


$100 deposit to open


Minimum daily balance to avoid monthly service charge:
$10,000 in Business Checking Ltd. II or
$20,000 in linked business savings, business money markets
or business CDs
Monthly service charge: $10.00
Account does not earn interest


Imaged items in statement provided at no charge
Original checks in statement: $5.00 per month
$.35 fee per excess transaction


Contact a Fidelity Business Banker for additional details.



Fidelity Business Interest Checking
For sole proprietors, non-profit organizations and government
entities that have less than 175 transactions per month (including
deposited items and electronic transactions)
.


$100 deposit to open


Minimum daily balance to avoid monthly service charge:
$10,000 in Business Checking Ltd. II or
$20,000 in linked business savings, business money markets
or business CDs
Monthly service charge: $10.00
Account earns interest


Imaged items in statement provided at no charge
Original checks in statement: $5.00 per month
$.35 fee per excess transaction


Contact a Fidelity Business Banker for additional details and current deposit interest rates.



Fidelity Business Account Analysis
For high-volume business accounts utilizing an array of
banking services daily. Account analysis compensates a
business account for collected balances in the form of a
monthly Earnings Credit – which is used to reduce or
eliminate account fees.


The Earnings Credit Rate (equal to the 13-week T-Bill rate)
is applied to the account’s current month average collected
balance less reserve requirements (as set forth by the Federal
Reserve Bank) to determine that month’s Earnings Credit.


$100 deposit to open


Monthly maintenance fee $5.00


Transaction fees:
Per credit fee $.30
Per debit fee $.20
Local item deposit $.055
Non-local item deposit $.060
Coin orders $.08/roll
Cash orders $.40/strap


Contact a Fidelity Business Banker for additional details.

 

 


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