BUSINESS CHECKING ACCOUNTS
From Totally Free Business Chedcking to Commercial Checking, HomeTown Bank simplifies the banking process with four great money-saving business checking accounts.
Totally Free Business Checking
A free checking account that is perfect for most businesses. In addition to being a free account, your 1,000 free monthly transaction items include all debits and credits.
Business Interest Checking
This checking account is great for sole proprietorships and not-for-profit organizations. On top of a competitive interest rate, your 1,000 free monthly transaction items include all debits and credits.
For businesses with more complex banking needs
Specially designed for those that are responsible for managing escrow accounts. The interest earned benefits the underprivileged via the Legal Services Corporation of Virginia.
|Totally Free Business Checking||Business Interest Checking||Commercial Checking||IOLTA Checking|
|Ideal For||A free checking account that is perfect for most businesses||Great for sole proprietorships and not-for-profit organizations||For businesses with more complex banking needs||Certain Attorney Accounts|
|Interest||N/A||Competitive Interest||Earnings Credit||Competitive Interest|
|Online Cash Management Available|
|Cash Deposit Charges||Up to 10,000 coins and currency deposited free per month; then just $1.50 per 1,000 over 10,000||Up to 10,000 coins and currency deposited free per month; then just $1.50 per$1000 over 10,000||Coin and currency deposit just $.50 per $1000 deposited||N/A|
|Balance Requirement/ Monthly Charge||N/A||N/A||Only $15 monthly service charge. Earnings credit allowance on deposit balances may offset activity fees.||N/A|
|Monthly Transactions||1,000 free monthly transaction items include all debits and credits||1,000 free monthly transaction items include all debits and credits||Transaction items are just $.15 each||Service charge of $15.00 deducted from interest before remitting to Legal Services Corporation of Virginia|
|Opening Deposit||Only $50 needed to open!|