Business Banking Accounts

Business Basic Checking

Like your company, it is good, it is solid, and it is basic. This account was created for businesses with minimal account activity and balances.

  • Minimum balance to open $50
  • No monthly maintenance fee with an average daily balance of $500 per statement cycle; otherwise, $2.50 maintenance fee
  • No charge for ACH, Point of Sale, or Debit Card transactions
  • 175 free deposited items per statement cycle
  • Greater than 175 deposited items, $0.02 each
  • 50 free checks per statement cycle
  • Greater than 50 checks, $0.15 each check
  • Electronic statement required

Business Regular Checking

Kerndt Brothers Bank has always believed there should be no limit to how big a small business wants to grow. This account helps a business with moderate account activity and balances to flourish as they grow.

  • Minimum balance to open $50
  • No monthly maintenance fee with an average daily balance of $1,500 per statement cycle; otherwise, $4 maintenance fee
  • No charge for ACH, Point of Sale, or Debit Card transactions
  • 400 free deposited items per statement cycle
  • Greater than 400 deposited items, $0.02 each
  • 100 free checks per statement cycle
  • Greater than 100 checks, $0.15 each check

Organization Checking

Kerndt Brothers Bank is known as your bank, your community, your family. To that end, we created an account to meet the needs of community organizations, clubs, and non-profits with low balances and limited activities.

  • Minimum balance to open $50
  • No monthly maintenance fee with an average daily balance of $250 per statement cycle; otherwise, $2.50 maintenance fee
  • No charge for ACH, Point of Sale, or Debit Card transactions
  • 15 free deposited items per statement cycle
  • Greater than 15 deposited items, $0.02 each
  • 15 free checks per statement cycle
  • Greater than 15 checks, $0.15 each check

Business Interest Checking

You are in business. You have limited account activity. You have activity that maintains higher balances. We designed this solution for you.

  • Minimum balance to open $50
  • Pays interest if $2,500 daily balance is maintained
  • Interest calculated on the daily balance method
  • Interest compounded and credited monthly
  • Interest on non-cash deposits will begin to accrue no later than the business day we receive credit for non-cash items (eg: checks)
  • No monthly maintenance fee with an average daily balance of $2,500 per statement cycle; otherwise, $6 maintenance fee
  • 250 free deposited items per statement cycle
  • Greater than 250 deposited items, $0.02 each
  • 75 free checks per statement cycle
  • Greater than 75 checks, $0.15 each check

Business Analysis Checking Account

Kerndt Brothers Bank Business Analysis account offers earnings credit calculated on the average daily balance. This account is well suited for businesses with higher transaction activity. This analysis account offers a fair and consistent approach to your handling charges and the credit back* allows you to lower or even avoid bank fees.

  • Minimum balance to open $50
  • Monthly Maintenance fee $6
  • On-us deposited items $0.05
  • Not on-us deposited items $0.08
  • Debit/check $0.10
  • ACH & point of sale debits $0.02
  • Earnings credit calculated on average daily balance
  • Non interest bearing
  • Monthly Electronic statement
  • Paper statement available for free

Business Money Market Deposit Account

This account was created to reward businesses for maintaining a larger balance with limited transactions.

  • Minimum balance to open $50
  • Pays interest if $1,000 daily balance is maintained
  • Interest calculated on the daily balance method
  • Interest compounded and credited monthly
  • Interest on non-cash deposits will begin to accrue no later than the business day we receive credit for the non-cash items (eg: checks)
  • No monthly maintenance fee with an average daily balance of $2,500 per statement cycle; otherwise, $6 maintenance fee
  • Limited to a total of 6 withdrawals or transfers by means of a preauthorized or automatic transfer, or telephone order, or by check, draft, debit card, or similar order within a four week statement cycle; otherwise, a $5 per item fee

Business Savings Account

What you save your company’s money for is your business, helping it to grow profitably and easily is ours.

  • Minimum balance to open $50
  • Interest calculated on the daily balance method
  • Interest compounded and credited monthly
  • Interest on non-cash deposits will begin to accrue no later than the business day we receive credit for the non-cash items (eg: checks)
  • Limited to a total of 6 withdrawals or transfers by means of a preauthorized or automatic transfer, or telephone order, or by check, draft, debit card, or similar order within a four week statement cycle; otherwise, a $5 per item fee

Certificate of Deposit

Certificates of Deposit offer guaranteed rates with desired time frames.

  • Minimum balance to open $1,000
  • Interest calculated on the daily balance method
  • Interest compounded and credited quarterly
  • Interest on non-cash deposits will begin to accrue no later than the business day we receive credit for the non-cash items (eg: checks)