The Eastern Colorado Bank is committed to providing business products to meet the needs of your company. You may combine these accounts with our Business VISA® Check Card for maximum convenience.
Business Checking Account
Our Business Checking Account is ideal for high volume activity or large average balances. This account also allows you to take advantage of such additional business products as Merchant Capture and Business Online Banking features such as Online ACH and Wire origination for an additional fee. You can open this account with a $100.00 deposit. It begins with a base fee of $5.50 per month. Debits and credits are $0.15 each and a $0.08 fee is charged for each deposited item. A credit back to the account of 0.10% of the average daily collected balance will reduce the service fee. Ask a Relationship Banker today to perform an estimated fee analysis to see if this account is right for your business.
Credit back will not exceed service charge and will not apply to additional service fees. This account is offered exclusively to Businesses and Trusts.
Simple Business Checking Account
Our Simple Business Checking Account is perfect for our business customers who have a low volume of items processed through their account, or those who prefer a set service fee schedule. This account has no minimum balance requirement and you can begin enjoying the convenience of this account with a $100.00 opening deposit. Our Simple Business Checking Fee Schedule Tiers are easy to understand:
Monthly Items Processed Monthly Service Charge
0-50 $ 0.00
51-150 $ 5.00
151-300 $ 7.00
301-500 $ 9.00
This account is offered exclusively to Businesses and Trusts. Items include all debits (physical and electronic) and credits (physical and electronic). Account holders with more than 750 items processed monthly are not eligible for this account. Account not available to personal account holders or businesses that us our Merchant Capture, Express Banking or Coin/Cash Services.
Please contact us for more information about these products.