Commercial Checking Accounts
Our Business Checking Account is a non-interest bearing checking account. Service charges and “per item” fees can be offset by an earnings credit (per $100 average daily balance per month).
Tiered Money Market Accounts
Enjoy immediate access to your money while earning competitive interest rates on your balances. Maintain the required minimum daily balance of $5,000.00 to avoid the $8.00 monthly fee. Visit our Rates Page for tier amounts and corresponding rates. Transaction limits apply.
Transfers from a Commercial Money Market account to another account or to third parties by preauthorized, automatic, telephone or computer transfer or by check, draft, or similar order to third parties are limited to six per monthly statement cycle. An excessive Money Market Fee of $10 will be charged for each transaction in excess of the limitations. Withdrawals must be in amounts of $500.00 or more. A service charge of $5.00 will be imposed for each withdrawal under $500.00.
These accounts are designed for the unique needs of law firms. It is maintained in compliance with the IOLA program of the New York Bar and the interest earned on these accounts is remitted monthly to the Interest on Lawyer Accounts of the State of New York.
Statement Savings Accounts
Earn interest for the future and still have accessibility to your funds by opening a savings account. The interest rate and annual percentage yield are included in the Rates Page. Interest is compounded daily and credited to the account quarterly. Transaction limits apply.
Transfers from a Commercial Savings Account to another account or to third parties by preauthorized, automatic, telephone or computer transfer or similar order to third parties are limited to six per month
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