We recommend this account for businesses with a moderate-level of activity and who wish to earn interest.
Features:
- Minimum average collected balance: $10,000 (Below balance fee $15)
- First 750 items are free (checks written, deposited items, deposits and ACH debits/credits received). All items in excess of 750 are $.40 each
- Interest is paid on average collected balances over $10,000
- Free initial check order (up to $150 value)
- Free Small Business CheckCard
| Balance | Interest Rate |
| $0 - $10,000 | - |
| $10,001 - $25,000 | Fed Funds - 3.75% |
| $25,001 - $50,000 | Fed Funds - 3.00% |
| $50,001 - $100,000 | Fed Funds - 2.00% |
| $100,001 and over | Fed Funds - 1.50% |
Other Benefits:
- Free Business Online Banking
- Free Bill Pay**
- Credit Card availability
- Free business endorsement stamp
- Free ATM transactions everywhere! All ATM fees assessed are refunded to account by next business day.
- Free Merchant Services meeting/quote - Receive up to $250 towards cancellation fees when you switch to Republic Bank.
Requirements:
- Minimum $1,000 to open
- Fee Schedule
- Customer Identification Program Notice
- Which account is right for you? View our Product Comparison Guide.
**If Bill Pay is not activated or remains unused for 90 days, service is cancelled
***Subject to terms and conditions of underwriting approval
