CNBusiness ChoiceSM Advantage Checking is a comprehensive solution for midsize businesses.
CNBusiness ChoiceSM Advantage Checking:
- Automatic sweep of cash from checking to savings
- Automatic transfers from savings to checking to cover checks presented for payment
- No monthly maintenance fee with minimum balance
- 24-hour access to CNB's Online Banking for Business
- Cancelled check images
- Can be linked to Business Line of Credit
| CNBusiness ChoiceSM Advantage Checking Specific Account Terms |
Benefits |
Best for midsize businesses that have a higher account balance and more monthly transactions |
No monthly fee if |
$35,000 average daily collected balance |
Free Online Banking for Business (OLBB) |
|
Online Banking for Business plus ACH |
$17/month |
Link to Business Line of Credit* |
Auto Transfer Included |
Business ChexMate* Line of Credit transfer fee |
Auto Transfer Included |
Business ChexMate* annual fee |
$25 |
Fee per item deposited – transit (non-CNB checks) |
≤1,000/month
$0.09 per item after |
Canceled check images available |
|
No monthly fee Savings account |
|
Choice Sweep feature linked to Savings |
|
Debit MasterCard BusinessCard® |
|
Check Writing |
Free and Unlimited |
WorkPlace Banking (WPB) |
$10,000 reduction on average daily collected balance with a minimum of 10 enrolled employees in WPB |
Monthly and Quarterly CD Statements Available |
$4.00 monthly or $5.00 quarterly |
e-Statement option |
$2 reduction in monthly service fee |
Monthly service fees (if minimum balance is not maintained) |
$111 |
Small Business and Commercial Credit Card (Subject to 3rd party credit approval) |
Available |
*Subject to credit approval.