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Welch State Bank realizes that running a business takes time and energy. That’s why we strive to make our business checking accounts as convenient, safe and reliable as possible. And we offer a variety of business services to help meet all your business financial needs.
No matter what your business is Welch State Bank offers a full array of financial products in conjunction with our business checking account’s to make your banking as convenient as possible. Such as Cash Management Tools, Business Loans
for all types of business related purposes, ATM Cards and Debit Cards, Direct Deposit, Cashier’s Checks, Money Orders, Notary Service, Wire Transfers, Safety Deposit Box Rentals.
Below is a chart to help you compare the different business checking account’s we offer. And be assured that along with any of our banking services, you will receive GREAT customer service.
|
More Than Free Business Checking |
Commercial Business
Checking |
Business Interest Checking |
Minimum Required to Open Account |
$50.00 |
$50.00 |
$50.00 |
Monthly Service Charge |
FREE |
$15.58 |
$6.29 monthly
service charge if balance falls below $1500.00 during statement
cycle |
| Minimum Balance |
NONE |
NONE |
$1500.00 |
Interest Bearing |
No |
No |
YES - for
qualified customers |
Imaged Statements |
YES |
YES |
YES |
Items cleared against account per statement |
1000 items cleared FREE per month
$0.25 per item over 1000 items cleared each month
|
$0.12 per items cleared
|
1000 items cleared FREE per month
$0.25 per item over 1000 items cleared each month
|
Items deposited into account (not drawn on Welch
State Bank) |
$1.50 per $1000
coin/currency deposited over $10,000.00 |
$1.50 per $1000 coin/currency
deposited over $10,000.00 |
$1.50 per $1000
coin/currency deposited over $10,000.00 |
Credits to account |
– |
$0.29 credit for each $100.00 of the
lowest daily balance of the statement cycle |
– |
Online Banking |
FREE |
FREE |
FREE |
Online Bill Payment |
FREE |
FREE |
FREE |
Voice Access Telephone Banking |
FREE |
FREE |
FREE |
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