More than Free Business Checking

More Than Free Business Checking

Welch State Bank’s More Than Free Business Checking account is our most economical business checking account.  The account has NO monthly service charge or minimum balance and allows for 1000 checks to be cleared from the account each month. 

The More Than Free Business 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, ATM Cards and Debit Cards, Direct Deposit, Cashier’s Checks, Money Orders, Notary Service, Wire Transfers, and Safety Deposit Box Rentals. 

Minimum to Open $50.00
Monthly Service Charge NONE.
Interest Bearing NO
Items cleared against account per statement 1000 items cleared each month FREE
$0.25 per item cleared over 1000 items
Items deposited into account (not drawn on Welch State Bank) $1.50 coin/currency charge per $1000.00 over
$10,000.00 deposit
Imaged Statement YES
Online Banking FREE
Online Bill Pay FREE

Minimum balance to open - The minimum balance required to open this account is $50.00.

Deposit limitations - You may make an unlimited number of deposits into your account.

Withdrawal limitations - Account allows for 1,000 items cleared free per month. There is a .25 per item charge for items over 1000. There is a fee of $1.50 fee per $1000.00 coin/currency deposited over $10,000.00

Bonus - You may receive a Thank You gift as a bonus provided at account opening. A premature account closing fee of $15.00 will be charged if the account is closed within 90 days of account opening date.

Additional Terms - The following additional terms apply to this account: Overdraft fees apply to overdrafts created by check, in-person withdrawal, ATM withdrawal, or other electronic means: provided, however, overdraft fees created by ATM or everday debit card transactions will not apply unless the account owner affirmatively consents to the overdraft service for such transactions