Business Deposit Services

Each business has it’s own financial management systems. We know our bank does. So, we thought it would be wise to have many great options to help your business with daily transactions and saving for the future.

A Benchmark banker can help you figure out the products and services that best fit you.

Basic Checking

  • $50 to open
  • No monthly service fee with balance of $2,500 or more
  • First 200 transactions are free, then $.25 for each additional item

Interest Checking

  • No monthly service fee with a daily balance of $2,500 or more
  • First 200 transactions are free, then $.25 for each additional item
  • Tiered interest rate – see a Benchmark Banker for current rates
  • Interest earned daily and compounded monthly
  • Available to sole proprietors and non-profits

Analysis Checking

  • $50 minimum to open
  • No minimum monthly balance requirements
  • $10.00 monthly fee for analysis maintenance which can be offset by Earnings Credits
  • Per item fee: $.15 per item; $.10 per ACH item which can be offset by Earnings Credits

Checking for Non-Profit Business/Groups

  • $50 minimum to open
  • No monthly service fee with a daily balance of $2,500 or more
  • First 200 transactions are free, then $.25 for each additional item
  • Tiered interest rate – see a Benchmark Banker for current rates
  • Interest earned daily and compounded monthly

Checking for IOLTA/IOTA

  • Available upon request. See your Benchmark Banker for more details.

Statement Savings

  • $50 minimum to open
  • No monthly services fees with a balance of $250 or more
  • Interest earned daily; compounded quarterly
  • Six transactions allowed per statement cycle. Please see disclosure for details.

Money Market Account

  • $2,500 minimum to open
  • No monthly service fees with a balance of $2,500 or more
  • Interest earned daily; compounded monthly
  • Interest rates are tiered based on balance. Ask your Benchmark Banker for more details.
  • Six transactions allowed per statement cycle. Please see disclosure for details.

Certificates of Deposit

  • $500 minimum to open
  • Terms are available from 3 to 60 months
  • Interest earned daily; compounded monthly