|
Community |
Small Business |
Small Business Interest |
Non-Profit Interest |
Commercial Analyzed |
IOLTA/ Trust/ Escrow |
| Minimum Deposit to Open the Account |
$100 |
$200 |
$200 |
$200 |
$200 |
$200 |
| Monthly Service Charge |
$6 |
$8 |
$15 |
$12 waived w/ $2000 minimum |
Determined through account analysis |
N/A |
| Minimum Balance to Avoid Monthly Service Charge |
$100 min. daily balance |
$2000 min. daily balance |
$5000 min. daily balance – OR - $8000 min. month average |
$2000 min. daily balance |
N/A-account is analyzed |
N/A |
| Interest Bearing? |
N/A |
N/A |
Yes |
Yes |
N/A |
Iolta-Yes, Trust- No |
| How Many Checks May I Write? |
10 checks per cycle; $.30 per check thereafter |
Maximum of 50 checks written; 25 deposits per cycle; 75 items deposited - $.30 per item thereafter |
200 total items per cycle; $0.40 per item thereafter |
Unlimited |
Unlimited |
Unlimited |
| How Many Debit Card Transactions do I get? |
N/A |
Unlimited |
Unlimited |
Unlimited |
Unlimited |
N/A |
| Free Online Banking |
Yes |
Yes |
Yes |
Yes |
Yes |
Yes |
| Free Notary Services |
Yes |
Yes |
Yes |
Yes |
Yes |
Yes |
| What Other Benefits Do I Receive? |
24 Hour telephone banking; Free courier service (where available) |
24 Hour telephone banking; Free courier service (where available) |
24 Hour telephone banking; Free courier service (where available) |
24 Hour telephone banking; Free courier service (where available) |
24 Hour telephone banking; Free courier service (where available); Earnings allowance to offset maintenance fee and analysis charges |
24 Hour telephone banking; Free courier service (where available); Interest paid directly to the NC Bar Assoc. |
| Restrictions? |
Non-profit |
N/A |
N/A |
Non-profit groups & Sole Proprietorships only (No For-Profit Corps.) |
N/A |
N/A |
| |
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