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Business FREEdom Checking
Welch State Bank’s FREEdom Business Checking account is our most economical business checking account. The account has NO monthly maintenance fee, allows for 200 checks to be cleared from the account each month, and there is not charge for any number of items deposited into the account.
The Business FREEdom Checking account is a non-interest bearing account, so it’s available for any entity or person wishing to open an account for business purposes.
No matter what your business is, Welch State Bank offers a variety of financial products to 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, FREE Voice Access, FREE On-Line Banking, FREE On-Line Bill Pay, ATM Cards and Debit Cards, Direct Deposit, Cashier’s Checks, Money Orders, Notary Service, Wire Transfers, Safety Deposit Box Rentals.
| Minimum to Open |
$50.00 |
Monthly Maintenance Fee |
NONE |
Interest Bearing |
NO |
Items cleared against account per statement |
200 items cleared each month FREE
$0.31 per item cleared over 200 |
Imaged Statement |
YES |
Online Banking |
FREE |
Online Bill Pay |
FREE |
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Regular Business Checking
Welch State Bank’s Regular Business Checking account is a non-interest bearing. Although any entity or person is allowed to open this account, it was specifically designed for corporations, for-profit organizations; partnerships; etc. Since these entities are not eligible for interest-bearing accounts, the earnings credit applied to the account each month may help offset service charges.
No matter what your business is, Welch State Bank offers a variety of financial products to 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, FREE Voice Access, FREE On-Line Banking, FREE On-Line Bill Pay, ATM Cards and Debit Cards, Direct Deposit, Cashier’s Checks, Money Orders, Notary Service, Wire Transfers, Safety Deposit Box Rentals.
| Minimum to Open |
$100.00 |
Monthly Maintenance Fee |
$4.67 |
Interest Bearing |
NO |
Items cleared against account per statement |
$0.23 per item cleared |
Items deposited into account (not drawn on Welch State Bank) |
$0.19 per item |
Credits to Account |
$0.29 credit for each $100.00 of the lowest daily balance of the statement cycle |
Imaged Statement |
YES |
Online Banking |
FREE |
Online Bill Pay |
FREE |
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Super NOW Business Checking
Welch State Bank’s Super NOW Business Checking account is designed for businesses that maintain a higher balance and for those business entities allowed to earn interest on a checking, such as: individuals, non-profit organizations; sole proprietorship, etc.
No matter what your business is, Welch State Bank offers a variety of financial products to 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, FREE Voice Access, FREE On-Line Banking, FREE On-Line Bill Pay, ATM Cards and Debit Cards, Direct Deposit, Cashier’s Checks, Money Orders, Notary Service, Wire Transfers, Safety Deposit Box Rentals.
| Minimum to Open |
$2,500.00 |
Monthly Maintenance Fee |
$5.61 |
Interest Bearing |
YES – with a minimum balance of $2,500.00 or more |
Items cleared against account per statement |
FREE – first 50 items
$0.29 per item cleared over the first 50 items |
Items deposited into account (not drawn on Welch State Bank) |
$0.19 per item |
Imaged Statement |
YES |
Online Banking |
FREE |
Online Bill Pay |
FREE |
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