Business Checking Accounts
Our JMB Business Checking and Business Interest Checking accounts satisfy the needs of most businesses. Our goal is to partner with businesses, no matter the size, as your success is of mutual interest.
- FREE – Online Banking and Bill Pay
- FREE – Business MasterCard® chip-enabled debit card
- FREE – Direct Connect for QuickBooks® users
- Access – to Remote Check Deposit Service
- Access – to our robust cash management services
- Access – to our cost-savings local merchant services
Business Checking Accounts
|JMB Business Checking||Business Interest Checking|
|Minimum to Open||$100.00||$100.00|
|Minimum Balance to Avoid Fee||N/A||$1,000 average|
|Monthly Fee if Below Minimum||N/A||$10.00|
|Free Transactions Per Month||500||500|
|Charge Per Excess Transaction||.25/each||.25/each|
|Interest Rate||N/A||Ask for Today’s Rate|
|Card Access||FREE MasterCard®
|Basic Internet Banking||FREE||FREE|
*Sole Proprietors Only. Rates, fees and terms subject to change.
Commercial Checking Account (Analyzed)
If you average over 500 transactions a month or carry a large balance, then our Commercial Checking Account is the right choice for your business.
An Analyzed account, Commercial Checking lets you earn credit based on the average balance in the account that’s then used to pay for the bank services you use.
Benefits of an Analyzed Account
- Earnings Credit Rate: Get a competitive earnings credit rate for the most efficient use of your collected balances to compensate for the services you use.
- Earnings Credit: If you have multiple accounts, your earnings credit from one account may be used to offset service charges incurred by an associated Analyzed Account.
- Cash Management Tool: Manage funds effectively and avoid unnecessary service charges with our Cash Management Tool.
- Simplified Services: Pay just one monthly fee for all of the services on all of your qualified accounts.
|Minimum to Open||$100.00|
|Monthly Maintenance Fee Per Account||$12.00|
|Basic Online Banking||FREE|
|Online Bill Pay||FREE|
|Cash Management Services||Analyzed services available with your Commercial Checking account include:
ACH Batch File Processing
Positive Pay for Checks & ACH
Remote Deposit Capture
Insured Cash Sweep (ICS)
Cash Concentration Accounts
Rates,fee, amd terms subject to change
Please refer to the fee schedule for a complete list of costs associated with a Commercial Checking account.
Business Savings and Money Market Accounts
At JMB, you’ll see a rate of return on your excess cash at a rate traditionally reserved for our personal accounts. This account is liquid, allowing you to take advantage of opportunities as they arise.
|Business Savings||Business Money Market|
|Minimum to Open||$50||$100|
|Minimum Balance to Avoid Fees||$100 average||$2,000 average|
|Minimum Fee if Below Minimum Balance||$3||$10|
|Minimum to Collect Interest||N/A|
|Interest Rate||Ask for Today’s Rate|
|Maximum Withdrawals||6 Per Month|
|Fee for Excess Withdrawals||$3||$10|
|ATM Access||FREE at JMB ATM’s and Allpoint ATM’s|
JMB @ Work Employee Checking Accounts
Now that we’ve taken care of business, it’s time to talk about your most important asset: your employees.
Up the ante on your benefits package with a JMB @Work Checking Account that includes:
- FREE International ATM access (5 transactions/month)
- Bonus rate on one Certificate of Deposit
- One fee-free Stop Payment per month
- One fee-free Domestic Wire Transfer per month
- FREE checks (first order only, $35 value)
Cash Management Services
From processing payments and managing cash balances to retrieving account information, our advanced Cash Management Services simplify tasks and make it easier for you to get back to business.