Banking services that help you get the job done,
so you can get going on the next job.
so you can get going on the next job.
Checking
Business Banking - Checking Accounts
| Basic Business Checking | Advantage Business Checking | Premier Business Checking | Community Checking | |
| Minimum to Open | $100.00 | $100.00 | $100.00 | $1,000.00 |
| Monthly Maintenance Fee | $3.00 | $10.00
(Waived with $5000.00 average collected balance) |
$10.00 | $7.50 if balance falls below $1000.00
(Waived for nonprofits) |
| Earnings Credit/Interest Eearned | No | No | Yes | Yes |
| Charge for Uncollected Funds | No | No | Prime + 4% | No |
| Reserve Requirement | No | No | 10.00% | No |
| Analysis Statement | No | No | Yes | No |
|
Transaction Fees: Each check/debit paid |
First 25 Free $.25 each additional | First 100 Free
$.25 each additional |
$0.15 | No Charge |
| Each deposit/credit processed | First 10 Free $.25 each additional | First 25 Free
$.25 each additional |
$0.25 | No Charge |
| Deposit Item Fee | On-us checks First 25 Free All other checks First 25 Free $.25 each additional |
On-us checks First 25 Free All other checks First 25 Free $.25 each additional |
On-us checks $.05 All other checks $.07 |
No Charge |
| ACH Debits & Credits | Free | Free | Free | Free |
| Ready Reserve Overdraft Protection | Available | Available | Available | Available |
| Sweeps | Available | Available | Available | Available |
| Cash Management Online Banking | Available | Available | Available | Available |
| Online Bill Pay Express | Available | Available | Available | Available |
| Business Debit Cards & Business Credit Cards | Available | Available | Available | Available |
| Merchant Processing | Available | Available | Available | Available |
Basic Business Checking
Our Basic Business Checking Account is suitable for businesses with limited checking needs. The minimum deposit required to open the account is $100.00.
Advantage Business Checking
Advantage Business Checking Account is designed for businesses seeking expanded banking services at a reduced cost. The minimum deposit required to open the account is $100.00.
Premier Business Checking
Republic Bank’s Premier Business Checking Account works well for businesses with large volume checking needs. It also offers an earnings credit based on your average collected balance. The minimum deposit to open the account is $100.00.
Community Checking
The Community Checking Account is an interest-bearing account designated for sole proprietors, governmental units and non-profit organizations with limited transaction needs. The minimum deposit required to open the account is $1000.00.
For more information or help with setting up an account, contact us at 722-3445.
Service Charge Schedule for Optional Bank Services
| Currency | |
| Strapped | No Charge |
| Rolled Coin | $0.10/Roll |
| Boxed Coin | $4.00/Box |
| Wire Transfers | |
| Outgoing | $15.00 |
| Incoming | $15.00 |
| International | $50.00 |
| Night Deposit Bags | |
| Vinyl (1st bag is free) | $5.00/Bag |
| Canvas Lock Bag | $25.00 |
| Online Services | |
| ACH/Wire Transfer Capabilities | $25.00/Month |
| Cash Management Online Banking: | |
| View Only | No Charge |
| Transferring Between Internal Accounts | No Charge |
| ACH/Direct Deposit (payroll) | |
| Per File | $8.50 |
| Per Item (Debit or Credit) | $0.08 |
| Sweeps | |
| Set-Up Fee | $25.00 (one time fee) |
| Per Sweep | See Banker for Current Rates |
| Monthly Maintenance Fee | See Banker for Current Rates |
| ATM/Visa Check Card Service | |
| ATM Withdrawal (not our ATM) | $3.00 |
| Replacement Card | $5.00 |
| Visa Check Card Fee | No Charge |
| Miscellaneous Services | |
| Stop Payments | $25.00 |
| Returned Check | $5.00/Check |
| Redeposited Item | $3.00/Item |
| Non-sufficient Funds (NSF) paid or returned | $30.00/Item |
| Snapshot Statement | $5.00 |
| Analysis Stmt. (Premier Checking Account) | No Charge |
| Account Balancing Assistance | $25.00/Hour |
| Account Research | $25.00/Hour |
| Ready Reserve | $25.00/Year |
