Business Accounts
Welcome to a full array of accounts designed to serve your daily money management needs as well as your longer-term objectives. Each of these accounts was designed to provide exceptional benefits and features while also delivering the value you would expect from your community bank.
For more information on any of the following products, please contact us at
928-778-6648 or by email.
Commercial Checking
- Available to all businesses
- $500 minimum opening deposit
- Service Fee - Analysis (see Miscellaneous Fees Schedule)
- Service Fees may be offset by Analysis Earnings Credit
- Unlimited check writing
- Free Internet Banking
- Business Bill Pay available
Business Interest Checking (see rate table)
- Available to sole proprietors, non-profit organizations, and government entities
- $ 500 minimum opening deposit
- $ 12.00 Service Fee per statement cycle
- $ 2,500 minimum ledger balance to waive service fee
- $ 10,000 combined minimum ledger balance in this account, any business checking accounts, business savings accounts, CDs, or Money Market accounts to waive service fee
- 150 transactions free per statement cycle, $ .35 per transaction over 150
- Interest is variable, based on daily collected balance
- Free notary service
- Free Internet Banking
- Business Bill Pay available
Small Business Checking
- Available to all businesses
- $ 500 minimum opening deposit
- $ 10.00 Service Fee per statement cycle
- $ 1,500 minimum ledger balance to waive service fee
- $ 5,000 combined minimum ledger balance in this account, any business checking accounts, business savings accounts, CDs, or Money Market accounts to waive service fee
- 150 transactions free per statement cycle, $ .35 per transaction over 150
- Free Internet Banking
- Business Bill Pay available
Non-Profit Business Checking
- Available to non profit organizations
- $ 500 minimum opening deposit
- 150 transactions free per statement cycle, $ .35 per transaction over 150
- Free Internet Banking
- Business Bill Pay available
Miscellaneous Schedule of Fees
Every business owner knows how challenging managing cash flow can be. Putting a little in savings can help businesses get through those lean times. Summit Bank has several Savings Account options to help meet your individual business needs.
- Available to all businesses
- $ 500 minimum opening deposit
- $ 5 Service Fee per statement cycle
- $ 500 minimum ledger balance to waive service fee
- Interest is variable, based on daily collected balance
- No transaction fees
Business Money Market (see rate table)
- Available to all businesses
- $1,000 minimum opening deposit
- $ 10 Service Fee per statement cycle
- $ 2,500 minimum ledger balance to waive service fee
- Interest is variable, based on daily collected balance
- Subject to transaction limitations
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