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Commercial Deposit Accounts

Running a business may be the most challenging job in the world, especially if it's your own business built with your determination and perseverance. United Bank salutes small business owners and managers, and offers these customers a unique line of products and services designed to meet their financial needs.

United Bank offers several checking accounts to meet the needs of your business.

Regular Business Checking is an excellent account to serve as your general operating account with unlimited check writing. A low minimum daily balance of $500 guarantees no service charge for the month. If your balance falls below $500, you pay $4.00 and $.15 per each withdrawal over 20.

Commercial Money Market account is an ideal way to invest your idle funds. This interest bearing account allows for unlimited deposits and six (6) withdrawals per statement cycle. It's a great way to put your money to work for you. See our current rates for more information.

Commercial Interest Checking is only available to sole proprietorships and non profit organizations. Interest is paid monthly on collected funds. Maintain a minimum daily balance of $1,000 and pay no service charges. If your balance drops below $1,000 during the statement cycle, you pay $6.00 and $.15 per each withdrawal over 20. See our current rates for more information.

Commercial Plus Account is an alternative to our Commercial Money Market account, and is geared to commercial customers who maintain large idle balances in their operating accounts. The account earns a higher interest rate and is subject to limitations. The commercial plus account must be paired with a regular business checking account, and deposits must be made via a transfer from the regular account. Withdrawals are limited to one per week, and must be transferred into the regular business account. See our current rates for more information.

 

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