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.
Summit 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 notary service
- Free Internet Banking
- Business Bill Pay available
Summit Peak Performance Business Checking
- Available to all businesses
- $500 minimum opening deposit
- $ 7.50 Service Fee per statement cycle
- $ 50,000 combined minimum ledger balances in this account, any business checking accounts, savings accounts, CDs, or Money Market accounts to waive service fee
- Service charge - free personal checking account for business owners (Summit Basic Checking)
- First order of business checks free (Business Value Package)
- Free small safe deposit box (subject to availability)
- No service charge for travelers checks
- No service charge for cashiers checks and money orders (maximum of 5 per month)
- Free notary service
- 500 transactions free per statement cycle, $ .50 per transaction over 500
- Free small Safe Deposit Box (subject to availability)
- Free Internet Banking
- Business Bill Pay available
Summit Business Interest Checking (see rate table)
- Available to sole proprietors, non-profit organizations, and government entities
- $500 minimum opening deposit
- $ 10 Service Fee per statement cycle
- $ 2,500 minimum ledger balance to waive service fee
- No Transaction Fees
- Interest is variable, based on daily collected balance
- Free notary service
- Free Internet Banking
- Business Bill Pay available
Summit Small Business Checking
- Available to all businesses
- $500 minimum opening deposit
- $ 7.50 Service Fee per statement cycle
- $ 1,500 minimum ledger balance to waive service fee
- 200 transactions free per statement cycle, $ .50 per transaction over 200
- Free notary service
- Free Internet Banking
- Business Bill Pay available
Summit Not for Profit Business Checking (see rate table)
- Available to non profit organizations
- $500 minimum opening deposit
- No Service Fee per statement cycle
- Unlimited check writing
- Interest is variable, based on daily collected balance
- Free notary service
- 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
- Free notary service
Summit 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
- Free notary service
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