BUSINESS
All Hometown Community Bank business checking accounts feature:
~ Free Online Banking and Bill Pay
~ Free ATM or Debit Card*
Business Checking Accounts
| Account Type |
Minimum Opening Deposit |
Minimum Balance Fee |
Additional Benefits and Features |
| Hometown Business |
$100 |
$0 |
• Monthly statements with check images
• No charge for first 100 debit items per month
• $.10 fee for each debit over 100 |
| Budget Business |
$100 |
$10 Fee waived with $500 minimum daily balance |
• Monthly statements with check images
• No charge for first 250 debit items per month
• $.10 fee for each debit over 250 |
| Business Analysis |
$100 |
Based on activity |
• Monthly statements with check images
• Earning credit rate based on average 30 day T-Bill rate for previous month
• Earning credit based on monthly collected balance less ten (10) percent
• Certain fees may be offset based on the earning credit
• Fees that apply are: Monthly maintenance $10.00
Per deposit $0.20
Per deposit item $0.05
Per debit item $0.10
Cash handling $1.00 (per thousand)
Bulk coin $2.50 (per box) |
Business Savings Accounts
| Account Type |
Minimum Opening Deposit |
Minimum Balance Fee |
Additional Benefits and Features |
| Business Money Market |
$5,000 |
$15 Fee waived with $5,000 minimum daily balance |
• Monthly statements with check images
• Tiered interest accrues daily and credited monthly
• Transfers to another account or third parties, limited to 6 per month
• $8.00 fee for each withdrawal over 6 |
| Business Savings |
$100 |
$10 Fee waived with $100 minimum daily balance |
• Quarterly statements
• Interest accrues daily and credited monthly
• Two free withdrawals per month
• $5.00 fee for each withdrawal over 2 |
| Business Certificates of Deposit |
$5,000 |
$0 |
• Interest compounded daily
• Variety of terms
• Penalty for early withdrawal |
*Subject to credit verification
Fees may reduce earnings |
