Miners Regular Business Checking Account
Small Business Checking Account
Regular Business Checking Fee Schedule
Reducing Service Charges
Miscellaneous Fees




Miners Regular Business Checking Account

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Small Business Checking Account

  • $500.00 Minimum Account Balance required to avoid a service charge
      • If balance falls below $500.00 at anytime during the month, there will be a $5 service charge applied

  • Up to 20 checks allowed per month to avoid a service charge
      • If checks go over 20 at anytime during the month, there will be a $0.25 service charge applied to each check over 20.
  • See below for information on "Miscellaneous Fees".
  • To apply, click here

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Regular Business Checking Fee Schedule
 
Each check we pay $ .10
Each deposit we process $ .25
Each check deposited $ .048
Each deposited check that is returned $4.00
Monthly service charge $5.00

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Reducing Service Charges

Although regulations limit our paying interest on commercial checking accounts, we will give you an "earnings credit" to offset service charges. The credit is based on a present rate of .50%* and directly offsets the costs of processing your monthly activity. The credit is determined using your average collected balance.

*Rate subject to change without notice.

Example - Monthly Activity Charges
Checks written
50 x $ .10 =
$ 5.00
Deposits
8 x $.25 =
2.00
Checks deposited
40 x $ .048 =
1.92
Monthly Service Charge
1 x $5.00 =
5.00
 
Total Activity Charges
$13.92
 
Earnings Credit:
Average Collected Balance
=$6,000.00

$6,000 x 0.50%

x 30 Days

 

365  
$2.47
 
Charges Assessed
$13.92 - $2.47=
$11.45

If the Earnings Credit is greater than the Activity Charges, monthly charges assessed would be $0.

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Miscellaneous Fees

The following fees may be assessed against your account:
• Check printing Fee varies
• Certified checks $ 5.00 per check
• Cashier checks $ 7.00 per check
• Deposited checks returned unpaid $ 4.00 per item
• Overdraft  
    Aggregate daily overdraft balances totaling $1000 or greater $35.00 per item
    Aggregate daily overdraft balances totaling $999.99 or less $25.00 per item
• Non-sufficient funds item  
    Aggregate daily non-sufficient funds balances totaling $1000 or greater $35.00 per item
    Aggregate daily non-sufficient funds balances totaling $999.99 or less $25.00 per item
• Savings Non-sufficient funds $25.00 per item
• Account research and/or balancing assistance $25.00 per hour
• Stop payments $20.00 per item
• ACH stop payment $25.00 per item
• Outgoing fax service $1.00 per page
• Counter Check $1.00 per check
• Counter Debits $5.00 per debit
• Reprint Statement $5.00 per statement
• Photocopy Service $.25 per copy
• Money Orders  

 

Customer Completion $3.00 per check

 

Bank Completion $5.00 per check
• Visa TravelMoney Card $9.99 per card
• Visa Gift Card $6.99 per card
• Coin Counting  

 

Bank Customer No Charge
   


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