Today, more than ever, it's important to have the best possible team of business professionals working for you. At Forest Park Bank, you have our continuing commitment to be your knowledgeable and reliable resource for all your business needs.
Business Deposit Accounts
| Account | Minimum Opening Deposit | Interest Bearing | Maintenance Fee | Balance to Avoid Monthly Fee | Coins/Currency Deposits | Deposit Fees | Check Deposits | Checks Written | ACH Debit | Paper Statements |
|---|---|---|---|---|---|---|---|---|---|---|
| Business Checking *1+ | $100 | No | $17 Monthly | n/a2 | $1 per $1,000 | $0.75 | $0.18 | $0.18 | $0.18 | Yes/$3 |
| e-Business Checking + | $100 | No | $15 Monthly | Average daily balance $5,000 | $1 per $1,000 | First 100 transactions3 free in any combination of these four categories, then $0.50 each. | First 100 transactions3 free in any combination of these four categories, then $0.50 each. | First 100 transactions3 free in any combination of these four categories, then $0.50 each. | First 100 transactions3 free in any combination of these four categories, then $0.50 each. | Yes/$3 |
| Small Business Checking++ | $100 | No | $12 Monthly | Average daily balance $1,000 | n/a2 | First 100 transactions3 free in any combination of these four categories, $0.25 for each transaction between 101 and 200; $0.75 each transaction over 200 | First 100 transactions3 free in any combination of these four categories, $0.25 for each transaction between 101 and 200; $0.75 each transaction over 200 | First 100 transactions3 free in any combination of these four categories, $0.25 for each transaction between 101 and 200; $0.75 each transaction over 200 | First 100 transactions3 free in any combination of these four categories, $0.25 for each transaction between 101 and 200; $0.75 each transaction over 200 |
Yes/Free
|
| Business NOW*4 | $100 | Yes | $12 Monthly | n/a2 | $1 per $1,000 | $0.75 | $0.18 | $0.18 | $0.18 |
Yes/Free
|
| Business Money Market*5 | $2,500 | Yes | $10 Monthly | Average daily balance $2,500 | $1 per $1,000 | 5 free; then $0.75 each | 10 free; then $0.18 each | 6 free; then $10 each | None | Yes/Free |
| Business Savings *5 | $100 | Yes | $10 Quarterly | Average daily balance $250 | n/a2 | 15 free; then $0.75 each | 30 free; then $0.18 each | n/a2 | None |
Yes/Free
|
| Not-for Profit Checking | $100 | No | None | n/a2 | n/a2 | None | None | None | None | Yes/Free |
*1. Business checking accounts will receive an earnings credit that may lower the service charge base. The earnings credit is based on the monthly average collected balance.
*2. Not applicable. Additional fees may be required for special services.
*3. One transaction = one deposit, one deposited check processed, or one written check, one ACH debit.
*4. Business NOW accounts will receive interest based on the average collected balance.
*5. This account allows up to 6 free debit transactions per month. A $10.00 excessive debit fee will be imposed after the sixth debit is presented within a statement cycle. Debit transactions include a combination of checks, preauthorized electronic funds transfer, telephone transfers, online transfers and Point of Sale transactions.
+ Includes Online Banking, Online Bill Payments, Online Statements, and Master Money (TM) Business Debit Card.
++ Includes Master Money (TM) Business Debit Card