For our business customers, we offer a checking account specifically designed for you. Your collected account balance during the month determines an earnings allowance which offsets or reduces the account analysis charges during that month. We will assist you in determining the most beneficial minimum balance needed for effective cash management.
FDIC Insurance: Charged at the rate charged to AuburnBank
Earnings Credit: 90-day Treasury Bill Index Rate
Negative Funds Charge: Wall Street Journal prime rate plus 3%
For our business customers with low transaction volume, we offer our Commercial Balance account. By maintaining a minimum balance and less than 50 debit transactions, monthly service fees can be avoided.
Contact an AuburnBank representative to help you select the checking account that best meets your business needs.