ChoiceBusiness
- $100 minimum to open
- No minimum balance required to avoid service charge
- No monthly service charge if you have less than 500 items (debits, credits and/or deposited items) posting to your account. Items over 500 will be charged at $.30 per item
- Monthly statement with check images
- FREE ChoiceOnline Banking
- FREE Bank of Choice Online Bill Pay
- ChoicePrivilege****
- For additional account disclosure of services, fees and terms, click here
ChoiceBusiness NOW
- This account is for not-for-profit and/or sole proprietorship customers only
- $100 minimum to open
- Interest compounded daily and credited monthly.*
For current interest rates, click here - $500 minimum balance to avoid service charge
- $10.95 per month service charge if balance falls below minimum
- Monthly statement with check images
- FREE ChoiceOnline Banking
- FREE Bank of Choice Online Bill Pay
- ChoicePrivilege****
- For additional account disclosure of services, fees and terms, click here
CommercialChoice
- $1,000 minimum to open
- No minimum balance required to avoid service charge
- All charges and fees will be disclosed on monthly statement. Average daily balance less reserve requirement (10%), less activity charges; monthly maintenance
- $9.95 service charge plus $.15 for debits, credits and/or deposited items, less earnings credit
- Monthly statement with check images
- FREE ChoiceOnline Banking
- FREE Bank of Choice Online Bill Pay
- For additional account disclosure of services, fees and terms, click here
ChoiceBusiness Money Market
- $1,000 minimum to open
- Tiered interest rate. Interest compounded daily and credited monthly, when minimum balance is met.* For current interest rates, click here
- $1,000 minimum balance to avoid service charge
- $9.95 service charge if balance falls below minimum on any day of the statement cycle
- $9.95 service charge for each withdrawal in excess of six (6) per statement cycle**
- Monthly statement with check images
- FREE ChoiceOnline Banking
- FREE Bank of Choice Online Bill Pay
- For additional account disclosure of services, fees and terms, click here
*All interest rates are variable and subject to change on a daily basis.
**Federal regulations limit you to no more than six withdrawals or transfers to another account of yours, or to a third party by means of a preauthorized or automatic transfer, or online, or telephone order or instruction, or by check, draft, debit card, internet purchase, or similar order to a third party. If you exceed the transfer limitations set forth above in any statement period, your account will be subject to closure by the financial institution. We reserve the right at any time to require not less than 7 days notice in writing before any withdrawal from an interest bearing account.
***ATM transactions at Bank of Choice locations are free. ATM withdrawals at other bank ATM's are not charged an ATM charge by Bank of Choice; however, other banks may levy a surcharge for use of their ATM's.
****Normal non-sufficient funds or overdraft charges apply: $31.00 for each item that would create an overdraft on your account. In addition, we will charge your account a $3.00 fee for every calendar day your account is overdrawn after three (3) days. Transactions that may cause or create overdrafts include: checks, in-person withdrawals, ATM withdrawals, or other electronic means. The amount of any overdrafts, including subsequent fees, shall be due and payable immediately. Whether your overdrafts will be paid is discretionary, and we reserve the right not to pay. For example, we typically do not pay overdrafts if your account is not in good standing, or you are not making regular deposits, or you have too many overdrafts.
