Accounts: Public Funds Now Checking 
 

Description: Designed as an unlimited transaction account available to public entities and municipalities. This account pays interest on all collected balances based on the following tiers:
 

  • Tier 1   $0.00-$4,999.99

  • Tier 2   $5,000 and $24,999.99

  • Tier 3   $25,000 and above

Requirements
  • No minimum opening balance requirement.
Benefits
  • Interest paid on all collected balances
  • Free unlimited deposits, debits and credits.
  • Free check images.
Cost
  • No monthly service charge will be incurred if a $1500.00
    minimum balance or $2500.00 collected balance is
    maintained, otherwise,
    A $7.50 Service Charge will be assessed every month if the ledger minimum balance falls below $1,500 or the average balance falls below $2,500 any day within the statement cycle.

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