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Business Checking

Here at Reelfoot Bank we have Business Accounts that fit your needs whether it be a large business or a small business.

Read the following to see which one fits you best.

Large Volume Business Checking (Analysis)

  • Minimum Balance of $100 to open
  • $7.50 per month maintenance fee
  • 10-cent fee for each check paid
  • 25-cent fee for each deposit made
  • 5-cent fee for each item deposited
  • Earnings will be credited on available balance. No fee if earnings are sufficient to cover services. If cost of service exceeds earnings, a service charge will be imposed.

Small Business Checking (With Limited Transactions)

  • Minimum Balance of $100 to open
  • $15 per month for first 100 items
  • Only 40-cent charge per item over 100 per month

 

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