Checking Account Comparison
Account |
|
Opening Deposit |
Minimum Balance to Avoid Service Charges |
Monthly Service Charge |
Interest Bearing |
Totally Free Business Checking |
Free Checking Details |
$0 |
$0 |
$0 |
No |
Business Analysis Checking |
Business Analysis Details |
$0 |
See account details below. |
$10 per month plus activities fees that can be offset by earnings credit from deposit balances |
No |
Transaction items include all debits, credits and deposited items. If the Totally Free business checking account exceeds 3,000 free monthly transaction items, $10,000 in monthly coin and currency deposits or withdrawals, including change orders, or requires additional regulatory oversight, the account may be changed to Business Analysis Checking which includes additional fees.
Unless specified otherwise, customer purchases checks. Other fees such as overdraft, continuous overdraft, etc may apply. See fee schedule for details. $25 for checks and debit cards from another financial institution. Your account will be credited at the time the checks/debit cards are presented. Free gift provided at the time of account opening. Ask us for details. Bank rules and regulations apply.
When opening your business accounts, we may request the following:
Sole Proprietor/DBA |
Limited Liability Corp (LLC) |
Partnership |
Not-For-Profit Organization |
Corporation |
|
- TIN of LLC
- Articles of Organization
- Operating Agreement
|
- TIN of Partnership
- Partnership Agreement
- Certificate of Partnership
|
- TIN of Organization
- If incorporated, follow corporation guidelines
- if Tax-exempt, IRS documentation or tax return
- If not tax-exempt, authorized letter
|
- TIN of Corporation
- Articles of Incorporation
|
Additional documents and/or state registration may also be required. Contact your Western Security Bank Banker and/or New Accounts Representative for further information.