Business Checking

small business owners standing in their cafe behind the service counter

Main

Anchor for Business Checking

Business Checking Benefits

  • $100.00 required to open a commercial checking account
  • Free Online Banking
  • Monthly service charge based on minimum statement cycle balance and activity posted

Fees for Business Checking

Monthly Minimum Balance Monthly Service Charge
$3,000.00 - Above No charge
$2,999.99 - Below $10.00
Activity Charge based on minimum statement cycle balance
$25,000.00 - Above No per check charge
$24,999.99 - Below $ 0.15 per check after 100th check

 

Business NOW Account

  • $3,000.00 required to open a Business NOW Account
  • Not available for Corporate Accounts
  • Free Online Banking
  • Monthly service charge based on minimum statement cycle balance. Balances below $3,000.00 are charged $15.00 per month
  • Interest will be forfeited for the number of days your balance is below $3,000.00
  • After 50th check posts on each statement cycle, a fee of $.15 per check will apply

 

Business Money Market Account

  • $5,000.00 required to open
  • Below $25,000 a service charge of $15.00 per month
  • Interest will be forfeited for the number of days your balance is below $1,500.00
  • A $20.00 per item fee after 6 withdrawals
  • Call for current interest rates
Contact Us

Bank of Erath
105 W. Edwards Street
Erath, LA 70533
Phone: 337-937-5816
Lost/Stolen Card: 1-800-754-4128

Equal Housing LenderMember FDIC