Small Business Checking provides services for those businesses or organizations in need of limited checking and/or deposit services including:
- NO MONTHLY CHARGE when an average collected balance of $500 or more is maintained and 10 or fewer checks are paid during statement cycle.
- NO CHARGE for deposits up to 10 items per month.
- Choose between standard or full-size business checks.
- NO CHARGE to use American Federal’s Online Banking, eStatement or Telephone Banker.
- NO CHARGE for a complete, itemized, month-end combined statement with all checks returned or, if you choose, held for safekeeping at American Federal.
- Computer disk statement available for $25 per month.
– If the average collected balance falls below $500, a fee of $8 per month is assessed. A charge of 20-cents is assessed for every check processed in excess of the first 10 checks.