For businesses that earn most of their income during specific times of the year. They have large balance and transaction volume fluctuations due to seasonality of the business.
Minimum deposit required to open account: $100.00
Monthly Maintenance Fee: $18.00 WAIVED with $5,000.00 daily ending balance for at least 6 months of the calendar year. The business owner selects which six month period is their low season and during that time the monthly service fee is waived and there is no minimum balance required.
Transaction charges: First 300 transactions* FREE, Charge after first 300 transactions 35¢ each