| Smart Business Checking |
Your basic business checking needs |
$100 |
No monthly service charge with any ONE of the following:
- $3,000 average monthly collected balance1 in your Smart Business Checking account OR
- $6,000 average monthly combined balances2 in all eligible Mechanics Bank deposit accounts
Monthly service charge when above criteria is not met: $10
|
| Preferred Business Checking |
Businesses with greater cash and item processing needs |
$100 |
No monthly service charge with any ONE of the following:
- $5,000 average monthly collected balance1 in your Preferred Business Checking account OR
- $15,000 average monthly combined balances3 in eligible Mechanics Bank deposit and loan accounts OR
- Hold Nonprofit Organization status
Monthly service charge when above criteria is not met: $15
|
| Prime Business Checking |
Businesses with higher transactions and can benefit from some cash management tools |
$100 |
No monthly service charge with any ONE of the following:
- $25,000 average monthly collected balance1 in your Prime Business Checking account OR
- $50,000 average monthly combined balances3 in all eligible Mechanics Bank deposit and loan accounts
Monthly service charge when above criteria is not met: $30
|
| Business Interest Checking |
Small to mid-size businesses looking to earn interest on their balances |
$100 |
No monthly service charge with any ONE of the following:
- $10,000 average monthly collected balance1 in your Business Interest Checking account OR
- $30,000 average monthly combined balances3 in all eligible Mechanics Bank deposit and loan accounts
Monthly service charge when above criteria is not met: $20
|