All funds in a "noninterest-bearing transaction account" are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010, through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the FDIC's general deposit insurance rules.

The term "noninterest-bearing transaction account" includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest. It also includes Interest on Lawyers Trust Accounts ("IOLTAs"). It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts and money-market deposit accounts.

For more information about temporary FDIC insurance coverage of transaction accounts, visit www.fdic.gov.

Commercial Money Market Checking

Available for Corporations only

Interest-bearing account (Bank may change interest rate at any time)

  • Minimum balance of $2,500.00 required
  • Six (6) withdrawals per month**
  • Free checks (first 40 checks)
  • Free 24-hour telephone assistance
  • Free online banking
  • Free business bill pay
  • Free e-statements
  • Direct deposit accepted
  • Automatic transfers
  • Check images
  • $10.00 fee if balance falls under required dollar amount.

Tier Step Up Interest is based on the following:

  • $0 - $9,999.00
  • $10,000 - $24,999.99
  • $25,000 - $49,999.99
  • $50,000 - $74,999.99
  • $75,000 - $99,999.99
  • Over $100,000

Interest is accrued on the average collected balance and paid monthly. **Only 3 items may be third party checks, debits or ACH. Only 3 in-bank transfers may be made during the statement cycle. Bank may change interest rate at any time.