Business Banking Accounts
Business Checking Account
A non-interest bearing account with unlimited check writing privileges for everyday business banking needs.
Features and Benefits:
- Minimum Deposit of $25.00 to open the account
- Low minimum daily balance of $100 (if account falls below $100 on any day during the month there is an $8.00 service fee will be assessed)
- Free online Banking with Bill Pay
- Free DirectConnect or WebConnect
- Visa Check Card (annual $12.00 fee- no foreign ATM service charges assessed by The National Bank of Malvern)
- Free monthly statement (e-statements available)
Business Tiered Money Market Advantage
An interest bearing account with limited check writing privileges that provides a flexible option to keep your money growing as the value of your account grows. Our Tiered Money Market Advantage account is designed to earn more interest as your balance grows, this flexible, convenient money market account is sure to help meet your changing business goals.
Features and Benefits:
- Minimum Deposit of $25.00 to open the account
- Minimum daily balance of $2500 (if account falls below $2500 on any day during the month there is a $4.00 service fee will be assessed for the month.)
- Free online Banking
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Account Transaction Limits (If more than six (6) pre-authorized withdraws, third party checks, drafts, telephone or internet banking transfers occur within a month, a $10 per item fee may be assessed for each transaction over six (6)
- Free monthly statement (e-statements available.)
- Interest will be credited to the account monthly.
- See current rates link for current interest rate.
