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.
Free Business
Checking
- No minimum balance
- No monthly maintenance fee
- Free debits/credits/deposited items up to 150 items per month ($0.50 per item if over 150)
- Free Online Banking
- Free Business Debit Card
- Free transaction download to QuickBooks/Quicken/Microsoft Money/Excel
- Online Bill-Pay $6.00/month for up to 25 items ($0.50 per item if over 25)
Free Business Interest Checking
- Available for Sole Proprietors and Non-Profits
- Includes all details listed under Free Business Checking
- Overdraft protection available
- Tiered interest rates >>
Relationship Business Checking
- $10,000 average ledger balance or $50,000 of combined average monthly business balances including Checking, Savings, or Money Market required
($13 monthly service fee if below)
- No monthly maintenance fee if above balance requirements are met
- Free debits/credits/deposited items up to 300 items per month ($0.25 per item if over 300)
- Free Online Banking
- Free Business Debit Card
- Free transaction download to QuickBooks/Quicken/Microsoft Money/Excel
- Free Online Bill-Pay for up to 25 items ($0.50 per item if over 25)
Relationship Business Interest Checking
- Available for Sole Proprietors and Non-Profits
- Includes all details listed under Relationship Business Checking
- Overdraft protection available
- Tiered interest rates >>
Analysis Business Checking
- $13 monthly service fee
- No balance requirement
- Earnings credit on balances
- $0.15 for each check paid and item deposited (no charge for deposits)
- $0.12 for each ACH debit/credit
- Overhead Coverage
- Reserve Requirement - 10% of balance
Overdraft Protection
With our Overdraft Protection service, balances in your York Traditions Bank Savings, Money Market, Free Business Interest Checking, and Relationship Business Interest Checking can be used to cover a shortfall in your checking account. 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. The Free Business Interest Checking accounts and the Relationship Business Interest Checking accounts qualify for this protection. Other business checking account products should consider our Cash Management Services which offer a sweep feature.
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 service 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 service fee of $10.
Federal regulations limit third-party
transactions or pre-authorized transfers to 6 per month. A service 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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