Commercial Checking Analysis

Regardless of the size of your business, Harbor Bank's traditional Commercial Checking Account will accommodate your banking needs. The minimum opening balance is just $100, and the earnings allowance credit on this account can often fully offset service charges. This account also offers the convenience of a sweep option, where deposits are placed into an interest-bearing savings account until automatically transferring to the checking account when checks are presented.

Benefits include:

  • 24-Hour Telephone Banking
  • Business Debit Crad
  • Internet Banking(Harbor Biz Net)
  • Remote Deposit
  • Merchant Services
  • Check Reconciliation
  • Positive Pay
  • Earnings Credit on monthly average collected balances*
  • Earnings Credit rate equal to Investment Money Market Account interest rate

Other Features:

  • low minimum opening deposit
  • $12.00 monthly service charge
  • $100,000 avergage daily balance in combined commercial checking accounts to offset all or part of monthly fees
  • $0.10 per credit or deposit and $0.15 per check or debit
  • Accounts overdrawn five (5) consecutive days will be charged $5 per day until account balance is positive
  • $1.00 per month fee for Visa Check Card
  • Miscellaneous fees may apply