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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