|
|
|
Business
Account Analysis Schedule |
SERVICE
ACTIVITY
Account
Maintenance $10.00 per month
Check/Debit Written .12c per check
Deposit Ticket N/C
Check Deposited – On Us .10c per check
Check Deposit – Other Bank .15c per check
Coin/Currency Provided N/C
FDIC Insurance N/C |
ACCOUNT
ANALYSIS
Your business checking account will be analyzed on a monthly basis. Your
average available balance will earn earnings credit which will offset the
price of services provided.
|
EARNING
CREDIT
An earnings credit is calculated on your account’s average available
balance for the month. The average available balance is determined by the
date funds are actually received by the bank for checks deposited (not
necessarily the date the checks are deposited to your account). The dollar
amount of checks still in process of collection by the bank is referred to
as "float". The difference between the average ledger balance
and average "float" is the average available balance.
|
SERVICE
AND ACTIVITY CHARGES
Most service and activities provided to your business account will be
charged on your account analysis. Some items, such as printed checks, wire
transfers, stop payment, overdraft fees and charge-backs are charged
directly to your account.
|
|
|
|
|
Site
designed, hosted and maintained by: The
Center for Rural Development |
|
