YOUR Business Bank
Companies in Palmyra, Hannibal, Canton, West Quincy and Centralia, MO and Quincy IL take advantage of a wide variety of HOMEBANK business accounts designed to meet their unique business needs.
Level 1 Feature:
Account Analysis will be performed. All accounts with fewer than 200 transactions (checks paid, deposits made, deposited items, ACHs) will not receive a monthly account maintenance charge. Once the transaction limit is met the account will assume Level II business features and charges.
Level 2 Feature:
Account Analysis will be performed. All accounts with greater than 200 transactions (checks paid, deposits made, deposited items, ACHs) will receive a monthly account maintenance charge of $10.00 and additional charges based upon the account analysis format (per item charges for debits and credits). Charges may be offset by maintaining a sufficient balance in the account based on an earnings credit calculation.
An initial deposit of $100.00 is required to open this account. $10.00 monthly service charge and $0.10 per item charges assessed for this account (checks paid, deposits made, deposited items, ACHs and electronic items). Interest rate may change at any time and may change the Annual Percentage Rate. APY is earned on positive balances. Additional services including Online Banking and Bill Pay are available with this account.
An initial deposit of $2,500.00 is required to open this account and maintain the annual percentage yield. The balance must remain at or above $2,500.00 every day of the statement cycle to avoid the $15.00 monthly service charge as well as to continue earning interest. Interest is accrued based upon five tiers of interest rates subject to your available balance. Transfers from this account to another account or to third parties by preauthorized, automatic, telephone or Internet transfer are limited to six (6) per statement cycle. A per debit fee of $5.00 will be charged for each debit paid in excess of the 6 withdrawal limit during a monthly statement cycle. Additional services including Online Banking and Bill Pay are available with this account.
Complete account disclosures, applicable rates, terms and fees are available upon request by contacting a customer service representative at any of our locations.