Compare the benefits

Checking Account Types Small Business Checking Commercial Checking Commercial Checking Analysis Business Checking w/ Interestfootnote 1
Minimum to open account $50 $100 $100 $2,500
Monthly service charge NONE $8.50 $8.50
Analysis charge: $5
Master Account
None if balance ≥ $2,500
$9.50 if balance < $2,500
Business check card issuance fee $12 $12 $12 $12
Item fees 200 FREE per month
Next 300 items: 35¢ each
Remaining items: 50¢ each
Credits: 5¢ each
Paper / debit / checks: 15¢ each
Electronic debits / Items deposited: 10¢ each
Credits: 5¢ each
Paper / debit / checks: 15¢ each
Electronic debits / Items deposited: 10¢ each
Credits: 5¢ each
Debit / checks first 50 free; >20¢ each
Items deposited: 10¢ each
Earns interest No Earnings credit rate: .25% Earnings credit rate: .25% Minimum balance: $1,000
Basic internet banking FREE FREE FREE FREE
Bill Pay $12 if not used monthly $12 if not used monthly $12 if not used monthly $12 if not used monthly
Additional features Unlimited business check card usage
IOLTA Interest on Lawyer Trust Accounts (IOLTA) is a method of raising money for charitable purposes. Interest earned on these accounts is rendered to the Louisiana Bar Foundation and is used to support projects benefiting various organizations and needy individuals in Louisiana.
Non-profit checking An economical checking account designed for IRS designated non-profit organizations.

Disclosures

  • In compliance with federal regulations, Business Checking with interest is available only to sole proprietors and non profit organizations.
Savings & CD Account Types Business Money Market Investment Business Savings Money Max CDs
Minimum to open account $2,500 $250 $25,000 $500
Monthly service charge None if balance ≥ $2,500
$9.50 if balance < $2,500
None if balance ≥ $250
$3.00 if balance < $250
$0 $0
Item fees Credits: 5¢ each
Item deposited: 10¢ each
$15 for each excessive restricted itemfootnote 1
3 free withdrawals per month
$3 for each additional
$15 for each excessive restricted item*
3 free withdrawals per month
$25 for each additional withdrawal
Early withdrawals subject to penalty
Earns interest $2,500 min balance $250 min balance $25,000 min balance $1 min balance
Basic internet banking FREE FREE FREE FREE
Additional features Can combine statements with business checking account Can combine statements with business checking account Can combine statements with business checking account Can combine statements with business checking account
Flexible terms & rates
Terms: 30 days – 10 years

Disclosures

  • Per Federal Regulations, preauthorized or automatic transfers are limited to six per month. Transfers that exceed this limit are excessive restricted items and are subject to a fee of $15 each. Preauthorized transfers include but are not limited to checks written to a third party, ACH debits, and transfer debits by telephone or through online banking.