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.


Free Instant Issue Debit Card

Free Gift

Free Online Banking

Free Bill Pay

Free Mobile Banking

No Monthly Service Charge

No Minimum Balance Requirement

$50 Minimum Deposit to Open

1,000 Free Monthly Transaction Items

$.25 per Item Charge Over 1,000

Up to $10,000.00 Currency Deposited per Month Free

Not Interest Bearing

eStatements Required


Terms and Conditions

Fees may reduce earnings.

Compounding frequency – Interest will be compounded monthly.

Crediting frequency – Interest will be credited into this account monthly.

Effect of closing an account – If you close your account before interest is credited; you will not receive the accrued interest.

Daily balance computation method – Interest is calculated by the daily balance method which applies a daily periodic rate to the balance in the account each day.

Accrual of interest on noncash deposits – Interest will begin to accrue on the business day you deposit noncash items (for example, checks) into your account.

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.

Bonus – You may receive a Thank You gift as a bonus provided at account opening. A premature account closing fee of $10.00 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 everyday debit card transactions will not apply unless the account owner affirmatively consents to the overdraft service for such transactions.