SouthCrest Bank
 

Checking and Savings Accounts

All businesses are not the same. That's why we offer different checking options for different types of businesses. Whether you write and deposit a few checks a month or need a cash management system, we have an account that’s perfect for you.

Small Business Checking:
This account is designed for a business with a moderate amount of activity.

  • Up to 100 debits allowed each cycle at no charge, then $0.20 per additional debit.
  • No monthly service charge when you maintain a minimum daily balance of $1000
  • If the balance drops below $1000, there is a monthly fee of $8.
  • Night deposit service
  • Free ATM or Check Card*
  • Free Online Banking
  • Free imaged statements and organizer
  • Minimum opening deposit of $100

Business Interest Checking:
Designed for sole proprietors, non-profit organizations and government entities that wish to earn interest on your money with check writing capabilities.

  • Up to 100 debits allowed each cycle at no charge, then $0.20 per additional debit.
  • No monthly service charge when you maintain a minimum daily balance of $1000
  • If the balance drops below $1000, there is a monthly fee of $10.
  • Earn the current interest checking rate, compounded monthly
  • Night deposit service
  • Free ATM or Check Card*
  • Free Online Banking
  • Free imaged statements and organizer
  • Minimum opening deposit of $750

Commercial Analysis Checking:
An account for the business with higher transaction volumes and more sophisticated cash management needs.

  • $7.50 monthly maintenance fee
  • Each deposited item is $0.06
  • $0.10 per debit (check or electronic item)
  • Receive an earnings credit equal to 75% of the 90-day T-bill rate based on your average monthly ledger balance. This rate is adjusted monthly and can help off-set your analysis fees.
  • Minimum opening deposit of $1000

Commercial Money Market Account:
If your company has excess cash, this account is an excellent way to earn interest on these funds.

  • Earn the current money market interest rate, compounded monthly
  • No monthly service charge on this account when you maintain a daily balance of $1000.
  • If the balance drops below $1000, there is a monthly fee of $7.00
  • Allows six (6) withdrawals per monthly statement period. Additional withdrawals are $5.00 each.
  • This is a tiered rate account that pays you a higher rate for your higher balance. Ask us for details.
  • Minimum opening deposit of $1000

*subject to approval


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