Accounts that put the emphasis on efficiency
Our region is home to many types of businesses. But whatever they make or sell - or service they provide - all of them focus on making the most of every dollar. At Virginia Partners Bank®, we can help you achieve that goal with checking options that feature low fees, free Online Banking, and other valuable money management tools.
| Compare Accounts | Description | Check-writing Limits | Balance Requirement Per Statement Cycle to Avoid a Monthly Service Charge | Service Charge Per Statement Cycle if Minimum Balance Not Met | Companion Sweeps | Online Banking With Bill Pay |
|---|---|---|---|---|---|---|
| Commercial Checking | A typically low-volume transaction account open to all businesses |
Limited to 400 items** per month at no cost, $.25 each thereafter |
$1,500 daily or $2,500 average monthly |
$10 | Available | Free |
| Commercial Analysis Checking | An account offering the opportunity for earnings credits to offset service charges; open to all businesses |
Per-item cost ± | Will vary based on your account balances and services used; ask for details |
$15 | Available | Free |
| Commercial Interest Checking | A commercial interest-bearing account open to sole proprietors and non-profits |
Limited to 400 items** per month at no cost, $.25 each thereafter |
$1,500 daily or $2,500 average monthly |
$15 | Available | Free |
| IOLTA Checking | An account designed for attorneys only |
Limited to 400 items** per month at no cost, $.25 each thereafter |
$1,500 daily or $2,500 average monthly |
$12 | Not available | Free |
| Commercial Money Market Checking | A limited-transaction, interest-bearing account; open to all businesses |
Subject to federal regulatory requirements*** |
$1,500 daily or $2,500 average monthly |
$12 | Available subject to regulatory limits*** |
Free |
** Commercial items include over-the-counter and in-clearing debits and credits
***While certain types of transfers and withdrawals are not limited, Federal Regulations do limit other types to six (6) per monthly statement cycle. Continued excess transfers or withdrawals of the limited types may result in closure or conversion to another account. See your account disclosure or branch staff for details.
± Monthly Account Maintenance Fee of $15.00 plus: Deposit Tickets: $.30 per ticket; Items Deposited: $.10 per item; Checks Paid: $.15 per check; ACH Credits/Debits received: $.05 per item; Cash Deposited: No Charge; Stop Payment: $30.00; Outgoing Wire: $20.00
***While certain types of transfers and withdrawals are not limited, Federal Regulations do limit other types to six (6) per monthly statement cycle. Continued excess transfers or withdrawals of the limited types may result in closure or conversion to another account. See your account disclosure or branch staff for details.
± Monthly Account Maintenance Fee of $15.00 plus: Deposit Tickets: $.30 per ticket; Items Deposited: $.10 per item; Checks Paid: $.15 per check; ACH Credits/Debits received: $.05 per item; Cash Deposited: No Charge; Stop Payment: $30.00; Outgoing Wire: $20.00
Virginia Partners Bank® is a full-service bank with branches in Virginia and Maryland.
