Operating Accounts

Premier Business Interest Checking Account (for medium-sized and larger businesses)

Premier Business Checking Features
Business types Corporations, partnerships, associations, LLPs and LLCs
Rate
  • Variable rate, compounded daily
Minimum Deposit
  • $500.00 minimum opening deposit
Minimum Balance Fee
  • $20.00 every statement cycle when the balance falls below $2,500.00 any day of the cycle
Minimum Balance to earn interest
  • A minimum balance of $2,500.00 must be maintained in the account each day to obtain the disclosed annual percentage yield
Deposits
  • Up to 25 deposits per statement cycle including up to 200 paper checks.
Check Writing (per statement cycle)
  • Up to 200 traditional paper checks
  • Up to 20 SummitOnline electronic bill payments without charge.
Debits
  • Up to 200 per statement cycle
Remote banking