Rural American Bank



Account Highlights Interest Service Charge
Small Business Checking
  • Ideal for businesses with limited check-writing needs
  • Make unlimited deposits
  • Checks are limited to 30 per statement cycle
  • No minimum balance required
  • Monthly detailed statement
  • Image statement
None
  • Maintenance fee per statement cycle: $5
  • Charge for activity if more than 30 checks clear the account during a statement cycle, per check: $.35



Account Highlights Interest Service Charge
Business Checking
  • Available to sole proprietorships, partnerships, corporations and government units
  • No minimum balance required
  • Monthly detailed statement
  • Image statement
None
  • Maintenance fee per statement cycle: $5
  • Checks paid, per item: $.14
  • Deposits, per deposit: $.10
  • Transit checks deposited, per item: $.08
  • On us checks deposited, per item: $.04
  • Credits: An earnings credit will not exceed the service charge and will be calculated on the average positive available balance. At any time and at our discretion, the earnings credit rate may change.
  • Charges incurred for average negative available balances are calculated at the Wall Street Journal Prime Rate + 1%. This charge is in addition to the regular service charge.



Account Highlights Interest Service Charge
Business Interest Checking
  • Pays interest to sole proprietorships, non-profit organizations and government units
  • No minimum balance required
  • Monthly detailed statement
  • Image statement
  • Interest for eligible entities only

 

  • Maintenance fee per statement cycle: $5
  • Checks paid, per item: $.14
  • Deposits, per deposit: $.10
  • Transit checks deposited, per item: $.08
  • On us checks deposited, per item: $.04
  • Credits: An earnings credit will not exceed the service charge and will be calculated on the average positive available balance. At any time and at our discretion, the earnings credit rate may change.
  • Charges incurred for average negative available balances are calculated at the Wall Street Journal Prime Rate + 1%. This charge is in addition to the regular service charge.



Account Highlights Interest Service Charge
Community Organization
  • Designed for non-profit and community organizations such as sports teams, reunions, committees and others
  • Make unlimited deposits
  • Limited check writing
  • No minimum balance required
  • Monthly detailed statement
  • Image statement
None
  • Maintenance fee, per statement cycle: None
  • Charge for activity if more than 30 checks clear the account during a statement cycle, per check: $.35



Account Highlights Interest Service Charge
Money Market
  • $2,500 minimum balance required
  • Monthly detailed statement
  • Unlimited in-person transactions
  • Withdrawal limitations apply per federal regulation*
  • Accrues daily; credited and compounded monthly; and pays interest on a tiered basis
  • $8 maintenance fee if account balance falls below $2,500 on any day during the statement cycle



* During any month, you may not make more than 6 withdrawals or transfers to another account of yours or to a third party by a preauthorized or automatic transfer or telephone order.


Member FDIC Business