Comparing business accounts at some banks can be overwhelming. Legacy Bank strives to make your experience as stress-free as possible. Our easy comparison guide makes quick work of basic need-to-know account details.
All business accounts require a minimum opening deposit of $100 and offer unlimited cash deposits, 2 free debit cards, online banking and bill pay, free direct deposits and timely eStatements.
| Legacy Bank Checking Benefits | Savings | ||||
|---|---|---|---|---|---|
|
Small Business Checking |
Commercial Checking |
Commercial NOW (Sole Proprietor & NonProfits) |
Money Market |
Regular Savings (Quarterly) |
|
| Minimum opening deposit | $100 | $100 | $100 | $100 | $50 |
| Monthly Service Charge if minimum charge is not maintained | 150 Items free per month (includes 100 deposited items and 50 checks written only $.25 per item there after. |
$5.00 Monthly service charge. $.15 Per paper debit item $.05 Per deposited item Earnings credit -$.10 per $100.00 |
$1,000 Min Balance & Over - No Charge Under $1,000 Min Balance - $5.00 |
$3,000 Min Balance & Over No Charge Under $3,000 Min Balance - $15.00 |
If daily balance falls below $100-$2.00 |
| Interest Bearing*** | No | No | Yes | Yes | Yes |
| Minimum Balance to Earn Interest | N/A | N/A | $1,000 |
$3,000 |
$100 |
| Check Writing/Withdrawal | Unlimited | Unlimited | Unlimited | Preauthorized, automatic or telephone transfers or withdrawals by check, draft, debit card or similar order to third parties are limited to six per month. Fee of $100 per item for excessive withdrawals. Unlimited transactions can be made at the teller line or ATM. | You may make 3 withdrawals per quarter. After 3 withdrawals, $1.00 per withdrawal |
| Debit Card Fee | 2 Free then $15 for each card | 2 Free then $15 for each card | 2 Free then $15 for each card | N/A | N/A |
| Online Banking/Bill Pay |  |
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***Ask us about current interest rates.
ATM