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American Bank

Business Checking


Designed With Your Business in Mind


Big or small, we’ve got account solutions built for your business. A checking account should make managing your business easier. We’ve got options. 


 
 

 SIMPLE BUSINESS CHECKING


This account is designed for smaller businesses or for a sole-proprietor with low volume transactions.


  • Minimum to open: $100
  • Balance to avoid a $15 monthly service charge: $500 average monthly balance
  • Up to 50 transactions monthly (including debits, credits & deposited items)
  • $0.35 per item over 50
  • Free E-Statements or $2.50 fee per statement for Paper Statements
  • Debit Card, Online and Mobile Banking included


COMMUNITY BUSINESS CHECKING


This account is designed for businesses with moderate transactions and additional accounts with higher balances.


  • Minimum to open: $100
  • Balance to avoid a $25 monthly service charge: $1,500 average monthly balance or $10,000 in combined business accounts (Checking, Money Market, CD’s)
  • Up to 150 transactions monthly (including debits, credits & deposited items)
  • $0.35 per item over 150
  • Free E-Statements or $2.50 fee per statement for Paper Statements
  • Debit Card, Online and Mobile Banking included 



 ANALYSIS CHECKING


This account is the best choice for businesses with large volumes. An earnings credit is applied to the balance in the checking account and is used to offset service charges. Customers with larger balances tend to pay lower service charges, if any.


  • Minimum to open: $100
  • No minimum balance requirement
  • Monthly Service Charge: $15
  • $0.15 per electronic debit & credit
  • $0.15 per checks & deposits
  • $0.10 per deposited item
  • $1.00 per $1,000 currency transaction
  • Free E-Statements or $2.50 fee per statement for Paper Statements
  • Debit Card, Online and Mobile Banking included


BUSINESS INTEREST CHECKING


This account is designed for Businesses who want to earn interest on their balance.


  • Minimum to open: $100
  • Balance to avoid a $25 monthly service charge: $2,500 average monthly balance
  • Up to 250 transactions monthly (including debits, credits & deposited items)
  • $0.35 per item over 250
  • Interest is compounded daily, paid monthly
  • Free E-Statements or $2.50 fee per statement for Paper Statements
  • Debit Card, Online and Mobile Banking included




 IOLTA ACCOUNTS

 

Interest on Lawyer's Trust Account. This account is designed for attorneys and their firms to manage trust funds.

 

  • Minimum to open: $100
  • No minimum balance required
  • No monthly service charge
  • Unlimited transactions
  • Interest is compounded daily, paid monthly
  • Free E-Statements or Paper Statements
  • Online Banking Included


NON-PROFIT CHECKING

 

This account is designed for civic and community organizations as well as non-profits.

 
  • Minimum to open: $100
  • Balance to avoid a $15 monthly service charge: $500 average monthly balance
  • Up to 150 transactions monthly (including debits, credits, deposited items)
  • $0.35 per item over 150
  • Free E-Statements or $2.50 fee per statement for Paper Statements
  • Debit Card, Online and Mobile Banking included
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