Best for small to mid-size business with low to moderate monthly transaction volume.
The Basics
- Any non-Cannabis Related Business is eligible
- Non-interest bearing1
- Open this account with $100; maintain an average daily balance2 of $5,000 to avoid the $15 monthly maintenance fee
- First 2503 checks or non-electronic debit items are free; $0.40 each thereafter
- Up to $10,0004 in free cash deposits, $10 monthly overage fee
- Free online banking access via Business Digital Banking Suite, add bill pay for $5.95—includes 10 free bill payments, $0.50 each thereafter
- Free eStatement includes images or pay $6 for a paper statement with images
- To view the Account Disclosure and Fee Schedule for full account details, contact us.
1Interest with optional UB Business Money Market Sweep feature.
2The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period.
3Monthly allowable transactions per statement cycle at no charge ($0.40 for each item over monthly transaction allowance). Transactions include: checks or non-electronic debit items.
4Excess cash deposits are charged at $10 per month.
4Excess cash deposits are charged at $10 per month.