Business Banking
Checking Accounts
We offer the accounts
that match the way you do business. At York Traditions
Bank, we have a variety of checking account options designed
to meet the unique needs of your business, along with
savings and investment vehicles to help you build your
business assets.
We are proud to offer two new business checking accounts: Free Business Checking and Relationship Business Checking. Customers with an existing York Traditions Bank Business Checking Account can retain their current account as is until further notice or inquire about moving to one of the two new accounts shown below.
Free Business
Checking
Free yourself from the annoyance of minimum balance requirements, fees, and other hassles. Our new Free Business Checking account includes: no minimum balance; no monthly maintenance fee; free debits/credits/deposited items up to 150 items per month ($0.50 per item if greater); free Online Banking; free Business Debit Card; free QuickBooks or Quicken account information download; and Online Bill-Pay for $6 a month for up to 25 items ($0.50 per item if greater).
Relationship Business Checking
If your business maintains an average ledger balance of at least $10,000 or combined average monthly business balances of $50,000 (includes Checking, Savings, or Money Market), you can step up to an even higher level of service with a Relationship Business Checking account which includes: no monthly maintenance fee if the balance requirements are met; free debits/credits/deposited items up to 300 items per month ($0.25 per item if greater); free Online Banking; free Business Debit Card; free QuickBooks or Quicken account information download; free Online Bill-Pay for up to 25 items ($0.50 per item if greater).
Analysis Business Checking
If your business needs are a simple checking account, our Analysis Business Checking is the account for you. This account has no balance requirement and pays you an earnings credit on your monthly average balance. You'll pay just $0.15 for each check paid and each item deposited, $0.12 for each ACH debit/credit, and a monthly maintenance fee of only $13. Deposits are free.
Business Checking
With Interest
Available for sole proprietors and non-profits, our Business
Checking With Interest allows businesses
that maintain a more significant checking balance to earn
interest on the excess funds. With a minimum balance of
only $1,000, this account offers the following tiered
interest rate structure:
- $0.01 - $999.99
- $1,000.00 - $9,999.99
- $10,000.00 - $24,999.99
- $25,000.00 - $49,999.99
- $50,000.00 - $99,999.99
- $100,000.00 and over
York
Traditions Bank Business Interest Rates >>
In addition, this product gives you 250 debits, credits, and deposited items per month, free. A $0.25 per item processed is charged for anything over the 250. If the balance falls below the minimum of $1,000, you'll pay a monthly fee of only $13.
Savings Overdraft Protection
With our Savings Overdraft Protection service, balances in your York Traditions Bank Savings and Money Market Accounts can be used to cover a shortfall in your Business Checking With Interest account. All York Traditions Bank Personal Checking accounts and the Business Checking With Interest account qualify for this protection. It's your safety net when a situation presents itself, or if an honest mistake is made in your checkbook register. You'll have the peace of mind knowing your checks will be honored.
Business Money Market Account
If higher competitive interest rates
and 24-hour access to your funds are what you are looking
for, then a York Traditions Bank Business Money Market account may be the right account for you. Consider these benefits:
- $100 deposit to establish the account
- Earn higher interest rates as your
account balance grows
- Write up to 6 checks per month *
- No monthly service fee when you
maintain a minimum balance of $3,000
The service fee for balances in
business accounts that fall below $3,000 is $12 and is
based on the daily minimum balance during the statement
cycle.
*Federal regulations limit pre-authorized withdrawals, automatic or telephone transfers, checks, drafts, and debit card or other similar transactions to 6 per statement cycle from your account. A fee of $5 applies
for each transaction over the 6 permitted.
York
Traditions Bank Business Interest Rates >>
Savings Options
Business Statement
Savings
Our Business Statement Savings
account offers a low minimum balance requirement of $500
and the following tiered interest rate structure:
- $0.01 - $999.99
- $1,000 - $9,999.99
- $10,000 - $24,999.99
- $25,000 - $49,999.99
- $50,000 - $99,999.99
- $100,000 and over
If the balance should fall below the $500 minimum, you'll
pay a monthly maintenance fee of $10.
Federal regulations limit third-party
transactions or pre-authorized transfers to 6 per month. A fee of $5 applies
for each transaction over the 6 permitted.
Certificates
of Deposit
For a higher yield, invest in a Certificate
of Deposit. Here at York Traditions Bank
we offer terms, starting at 7 days up to 5 years to fit
your business needs, with a minimum amount of $500.
Note: Special Rate CD's may have
different terms and conditions. Please contact the Bank
at (717) 741-1770 for more details.
York
Traditions Bank Business Interest Rates >>
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