Business Banking | BankChampaign

Business Banking>Checking/Savings

BankChampaign maximizes your business funds with a range of available accounts.

Commercial Checking

Small Business Checking Low cost checking for small businesses with limited transactions
•	Minimum opening deposit of $300
•	No monthly service charge
•	100 free transactions per month (includes deposits, deposited items, debits, ACH)
•	$.30/transaction over 100

Commercial Checking Essential tool for medium to large businesses with higher levels of activity
•	Minimum opening deposit of $300
•	$10/month service charge + transaction fees: $0.15/deposit, $0.10/deposited item, $0.15/debit (includes ACH)
•	Earnings credit to offset fees = Current NOW account rate
•	Unlimited checkwriting

Commercial NOW Checking Ideal for individuals operating as sole proprietorships
•	Minimum opening deposit of $300
•	$10/month service charge + transaction fees: $0.15/deposit, $0.10/deposited item and $0.15/debit (includes ACH)
•	Daily balance of $200 or more to earn interest
•	Unlimited checkwriting

Community NOW Checking Available for non-profit, religious, educational and fraternal organizations
•	Minimum opening deposit of $300
•	No monthly service charge
•	Unlimited free transactions
•	No daily balance requirement to earn interest

Merchant Checking Designed for high volume retail accounts
•	$15/month service charge + transaction fees: $0.66/deposit, $0.36/deposited item, $0.23/debit (includes ACH)
•	Earnings credit to offset fees = NOW account rate (based on average monthly ledger balance less average uncollected balance and bank’s legal reserve amount)
•	$1.35/$1,000 currency
•	$0.35/coin roll
•	$1.65/$1,000 currency (cash) deposited
•	FDIC insurance fee = $0.19/$100 average monthly balance
•	$75 overnight security fee

Commercial Savings

Commercial Money Market The higher the balance, the higher the rate
•	Minimum opening deposit of $1,500
•	Daily balance of $200 or more to earn a tiered rate of interest
•	Unlimited withdrawals/deposits in person; limited to six transfers/checks/electronic debits per month; checks and electronic debits are $2 each
•	$10/month service charge if balance falls below $5,000

Commercial Savings Account A safe haven for business assets
•	Minimum opening deposit of $200
•	All balances earn interest that is compounded quarterly
•	Nine free withdrawals per quarter; additional withdrawals are $1 each
•	Limit of 6 transfers/electronic debits per month
•	$9/quarter service charge if daily balance falls below $200

Certificates of Deposit 100% FDIC insured
•	Terms ranging from 3 months to 5 years
•	Jumbo certificates available
•	Interest compounded quarterly
•	Penalties may be enforced for early withdrawals

For more information, call 217.351.2870 or email:

Amie Smith
smith@bankchampaign.com

Kellie Kneipp