Bank of Clarke County



Business Checking

 ACCOUNT FEATURES
Free Starter Kit (1)
Free VISA® Debit Card (2)
Free Unlimited ATM/POS
Free Online Banking (2)
Remote Deposit Capture (2)
Free Online BillPay (2)
Free E-statement
Free Telephone Banking
Item Images
Free Bulk Coin/Currency
Free Items/Transactions
Analysis (3)
Unlimited
Unlimited
200 (8)
Cash Management Services (3)
Interest-Bearing
Repurchase (3)
 
ACH Processing
Minimum To Open
$100
$100
$100
$100
Balance Requirements
Analysis (3)
$2,500 min. (6)
$2,500/5,000 (7)
N/A
Overdraft Protection (4)
VISA® Credit Card (5)
Merchant Card Processing (5)
FDIC Insured
Free Mobile Banking
  1. Free Starter Kit: first order of checks, endorsement stamp, binder, bill organizer, and deposit tickets.
  2. Requires a separate application or agreement.
  3. Bank of Clarke County’s Cash Management combines several financial services into a single product, which is designed to efficiently and effectively manage the daily cash activities of your business.  The balance in this account is used to earn a credit toward service charges assessed during the statement period.  If the balance in this account exceeds the amount required to offset the service charges, you may be able to earn interest on the excess funds.  Excess funds over the customer’s established target balance are swept into an interest bearing instrument each night.  The business may also establish zero-balance accounts as part of cash management. These accounts, which are designed for special purposes such as payroll and accounts payable, are funded by the master account as checks clear rather than by depositing an amount to cover the checks issued. If the cash cycle of the business fluctuates periodically, requiring the business to borrow funds, a line of credit may be incorporated into cash management to draw against when funds are needed and repay when funds are available. Another service which may be utilized as part of cash management is Automated Clearing House (ACH) processing (i.e., direct deposit of employee payroll) which allows the business to originate transactions directly to the accounts of its affiliates.
  4. See bank representative for options.
  5. Bank of Clarke partners with other financial service providers for this service. Please request additional information from any account officer.
  6. $10 if monthly minimum balance drops below $2,500.
  7. $10 if monthly minimum balance drops below $2,500 and monthly average balance drops below $5,000.
  8. The first 200 transactions are free. 25¢ for each transaction in a statement cycle above 200.

 

Corporate Checking

 

Designed for the customer with large transaction volumes

This account offers:

FREE Starter Kit
FREE VISA Debit Card
FREE Unlimited ATM/POS transactions
FREE Unlimited Checkwriting
FREE Online Banking
FREE E-statement
FREE Online BillPay
FREE Telephone Banking
FREE Mobile Banking

This account can earn interest through a Cash Management agreement. Corporate Checking requires $100 to open. Please call or email Customer Service, for balance requirements and other details of this account.

Business NOW Checking

Available to certain businesses based on their ownership structure

This account offers:

FREE VISA Debit Card
FREE Unlimited ATM/POS transactions
FREE Unlimited Checkwriting
FREE Online Banking
FREE E-statement
FREE Online BillPay
FREE Telephone Banking
FREE Mobile Banking

This is an interest-bearing account that requires $100 to open. A service charge of $10 will be assessed if customer falls below the minimum balance requirement of $2500

Commercial Checking

Designed for the customer who has the ability to maintain a minimum balance requirement

This account offers:

FREE Starter Kit
FREE VISA Debit Card
FREE Unlimited ATM/POS transactions
FREE Unlimited Checkwriting
FREE Online Banking
FREE E-statement
FREE Online BillPay
FREE Telephone Banking
FREE Mobile Banking

This is not an interest-bearing account. A service charge of $10 will be assessed if customer falls below the minimum requirement of $2500 or average of $5000.


Business Free

This account is designed for the customer with low volume transactions.

This account offers:

FREE VISA Debit Card
FREE Unlimited ATM/POS transactions
FREE Unlimited Checkwriting
FREE Online Banking
FREE E-statement
FREE Online BillPay
FREE Telephone Banking
FREE Mobile Banking

This is not an interest-bearing account. The minimum to open is $100 and there is no balance requirement. Transactions are limited to 200 per month. If a customer goes over 200, there is a $.25 per transaction fee.

Bank of Clarke County. Equal Housing FDIC