Account Details

Small Business Checking

A checking account designed especially for smaller businesses. The low balance requirement means more money is available to help your business grow. It's another way a local bank helps you compete in today's marketplace.
  • A $500 deposit opens your account.
  • No maintenance fee if you maintain a balance of $2,500 or more during the month. Otherwise, a $10 maintenance fee will be charged for that month.
  • Checks, withdrawals and deposited items in excess of 150 during the statement period are $0.35 each.
  • View check images with Online Banking.

Commercial Checking

A checking account for businesses who want unlimited checks and deposits. Monthly fee is based simply on the balance in the account.
  • A $1,000 deposit opens your account.
  • No maintenance fee if you maintain a balance of $7,500 or more during the month. Otherwise, a $12 or $15 (for image checking) maintenance fee is charged for that month.
  • No activity limits.

Cash Management Checking

A relationship-based checking account for businesses with more sophisticated banking needs. This account provides access to the following services. Monthly fee is based on earnings credit rate and account activity.
  • A $1,000 deposit opens your account.
  • Monthly fee is based on earning credit rate and account activity.
  • This account provides access to the following services.
  • Automated Clearing House (ACH) services
    ACH credit transfers include direct-deposit payroll payments and payments to contractors and vendors. Businesses are increasingly using ACH to collect recurring payments, such as association fees or monthly donations, rather than accepting credit or debit cards. You can use ACH services to consolidate funds from accounts maintained at other financial institutions.
  • Courier Service
    As a special convenience, we offer courier pick-up of deposits. Pick-up fee is included in monthly account analysis charge. Courier service is available 9:30am to 3:00pm, Monday through Friday in the greater Ann Arbor & Ypsilanti area.
  • EasyDeposit
    Deposit checks electronically from your office with our remote deposit capture system EasyDeposit. EasyDeposit utilizes a desktop scanner that images checks and transmits them electronically anytime, day or night. Monthly fee is included in monthly analysis charge.
    View Demo
  • Lockbox
    Lockbox is a cash flow improvement technique in which customers' payments are delivered to a post office box instead of your business address. It shortens the amount of time necessary to process your customers' payments and gets money into your account more quickly. Lockboxes are typically used by businesses that receive payments from numerous customers.
  • Positive Pay
    Positive Pay is an automated fraud detection tool that matches the account number, check number and dollar amount of each check presented for payment against a list of checks previously authorized and issued by the company. All three components of the check must match exactly or it will not pay.
  • Zero Balance Account
    A separate checking account in which a balance of zero is maintained by automatically transferring funds from the business' master account in an amount only large enough to cover checks presented. It is used to eliminate excess balances in multiple accounts and to maintain control over disbursements. Free.

Money Market Checking for Organizations

Money Market Checking for Organizations (sole proprietorships and non-profits) offers the advantage of an attractive interest-bearing account without the activity charges and limitations of similar products.
  • A $1,000 deposit opens your account.
  • No monthly maintenance fee if you maintain a balance of $1,000 or more. Otherwise, a charge a $9 maintenance fee will be charged to the account for that month.
  • No activity limits.
  • Interest is paid on a tiered rate structure.

Community Interest Account

If your organization is an educational, religious, philanthropic, charitable or non-profit entity, you may be eligible for our Community Interest checking account. This account combines the earning power of a premium interest-bearing account with the flexibility of a checking account.
  • A $10,000 deposit opens your account.
  • No maintenance fee if you maintain a balance of $1,000 or more during the month. Otherwise, a $9 maintenance fee is charged to the account for that month.
  • No activity limits.
  • Interest is paid on a tiered rate structure.

Commercial Money Market Savings

As your business grows, or if your checking account already carries larger sums, consider our Money Market Savings account.
  • A $5,000 deposit opens your account.
  • No maintenance fee if you maintain a balance of $5,000 or more during the month. Otherwise, a $12 maintenance fee is charged to the account for that month.
  • Interest is paid on a tiered rate structure.

Money Market Savings Accounts are subject to withdrawal and transfer limitations. Federal regulations limit pre-authorized transfers made by telephone or personal computer to six per month. Of these six, no more than three may be by check, draft, debit card, automated clearing house debit, or similar order payable to a third party. Additional usage incurs a $5 charge for each transaction beyond the regulated limits.
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