We offer two Business Checking accounts: Business Advantage and Business Money Market. Here is a comparison of their services:
Business Advantage VS. Business Money Market
| Services |
Business Advantage |
Business Money Market |
| Monthly service charge |
No |
No |
| Minimum balance |
No |
$500 |
| Items (ACH debits/ credits, deposits, withdrawals, & drafts) |
First 500 items free per month, then .05 per item over 500. |
No check writing available with this account. |
| Earns dividends |
Tiered dividends paid on daily balance up to $500,000. See current rate sheet for rates. |
Tiered dividends paid on daily balance over $50,000 and up to $500,000. See current rate sheet for rates. |
| Bill pay |
$4.95/month or Free when you pay at least one bill per month. |
N/A |
| Cash Transactions |
First $5000 free, then $.15 per $100 over $5000. |
FREE |
| E-Statements |
Available |
Available |
| ATM Fees |
Free and unlimited at OHCU-owned machines. |
N/A |
| Overdraft Protection from Savings or Business Money Market |
Available* |
Available* |
| ATM/Debit Card |
Two free cards per account, $7 one-time issuance fee for each additional card and for replacement cards. |
N/A |
| Debit Card usage |
Free |
N/A |
| Other Services |
Free business loan consultation |
Free business loan consultation |