Business Checking
Checking accounts - you have a choice, so you can stay in control of your growing business. Our goal is to free up your schedule so you have more time to run your business. And we're always here for you.
Frazer Bank's checking accounts will help you control the flow of financial activity that keeps your business in business. Choose from a basic, no frills account and then move into a more comprehensive account when the time is right. Whether your business is just getting started and you have minimal activity, or if your company has large transaction volumes and you would benefit from account analysis, we can work together to find the perfect account that fits your unique business needs.
Small Business Checking
For start-ups, home based businesses and small businesses.
- No minimum balance required
- Service Charge $5.00, waived if enrolled in E-Statements
- Statement includes Check Images
- No transaction fee for first 100 transactions per month. (Charge per transaction over 100- $0.25)
- Free Online Banking
- Minimum deposit to open $150.00
Regular Business Checking
Frazer’s most popular business account.
- Pays earnings credit on average daily collected balance
- Free Online Banking
- Statement includes Check Images
- Minimum deposit to open $150.00
- Monthly service charge $5.00 plus $.16 per check, $.16 per deposit and $.08 each not on us check deposited
Business Checking with Interest
For sole proprietors, not-for-profit organizations and public entities with large balances, low to moderate checking activity, ACH and payroll needs.
- 50 free transactions then $.25 per transaction
- Tiered interest with $15,000 minimum balance
- Free Online Banking
- Statement includes Check Images
- Minimum deposit to open $150.00
- Monthly service charge $15.00 if balance falls below $10,000
