Personal Checking & Savings Accounts:
Accounts
Successful Businesses Start Here.
Business Checking Account
A Business Checking Account is set up specifically for your business banking needs. • Minimum of $1,000 to open • ACH origination (subject to additional charges) • Check collection (subject to additional charges) • Unlimited transactions • Overdraft coverage is offered with a companion account • Internet banking for viewing balances, activity and transferring funds between Bank of Commerce accounts • Sweep options available • Monthly Service Fee of $15 if balance falls below $1,000 • If the account is closed within 90 days of opening, a $20 early closing fee wil apply.
Business Money Market Account
A Business Money Market Account allows you to enjoy the best of both checking and savings. • Minimum of $2,500 to open • Earns a market rate of interest* • Check collection (subject to additional charges) • Overdraft coverage is offered with a companion account • Internet banking for viewing balances, activity and transferring funds between Bank of Commerce accounts • Monthly Service Fee of $8 if balance falls below $2,500 • Limited to 6 withdrawals per statement cycle • $1 Excessive withdrawal fee for each withdrawal over 6 • If the account is closed within 90 days of opening, a $20 early closing fee will apply
Premium Business Money Market Account
A Premium Business Money Market Account earns you a premium market rate of interest. • Minimum of $100,000 to open • Earns a premium market rate of interest* • Monthly Service Fee of $50 if balance falls below $100,000 • Limited to 6 withdrawals per statement cycle • $1 Excessive withdrawal fee for each withdrawal over 6 • If the account is closed within 90 days of opening, a $20 early closing fee will apply
Business Interest Checking
Business Interest Checking earns you interest based on tiers. • Minimum of $1,000 to open • Earn variable interest rate based on tiers* • ACH origination (subject to additional charges) • Check collection (subject to additional charges) • Overdraft coverage is offered with a companion account • Sweep options available • Monthly Service fee of $20 if balance falls below $5,000 • If the account is closed within 90 days of opening, a $20 early closing fee will apply
Business Savings
We offer Certificates of Deposits (CDs) with maturities ranging from 29 days to 5 years.
*All certificates of deposit have a substantial penalty for early withdrawal.
ACH Origination
Call us for details on how we can help you with Automated Clearing House origination service.
*Rates on interest bearing accounts are subject to change daily.