First Newton Bank’s Basic Business Checking Account is a non-analysis account designed for small to medium-sized businesses with low transaction volume. Your monthly service charge is easy to determine. If your number of checks written and items deposited meet the basic guidelines below, this may be the right account for your business.
- The monthly maintenance fee is $10.00. Included in this fee are the first 50 transactions (items paid and /or deposited). Each additional transaction is $.25 per item.
- If you maintain an average daily balance of $2,000, you pay no monthly maintenance fee. However, the per item charge of $.25 for each transaction exceeding the 50 items as stated above would still apply.
First Newton Bank can help you choose which business account is right for you. Call or stop by any of our convenient locations and let our professional staff assist you with your banking needs.