Business Basic Checking
- $1,500.00 minimum opening balance
- $20.00 monthly service charge (if balance falls below $1,500.00) *
- Unlimited check writing
- Complimentary wallet style corporate checks (first order only)
- VISA Debit Card or ATM Card
- No transaction fees at Universal Bank or Allpoint ATM’s
- Qualifies for Commercial Account Analysis
* Minimum balance is required or compensating balance of $1,500.00 in any other Universal Bank account to avoid monthly service charge.
Business Interest Checking
(Designed to meet the needs of Sole Proprietors and Non-Profit Organizations)
- $1,500.00 minimum opening balance
- $25.00 monthly service charge (if balance falls below $2,500.00) *
- Up to 25 checks and 10 deposits per statement cycle with NO FEE
- VISA Debit Card or ATM Card
- No transaction fees at Universal Bank or Allpoint ATM’s
- Interest bearing–interest compounded daily and paid monthly **
Based on activity, all Business Accounts are subject to be placed under analysis. A fee will be charged for Account Analysis. Please refer to our Schedule and Fees for more information.
* Minimum balance is required or compensating balance of $10,000.00 in any other Universal Bank account to avoid monthly service charge.
** No interest is earned if balance drops below $100.00. Refer to RATE SHEET for current rate