Silver Lake Bank

Contact Silver Lake Bank

Financial Calculators

Re-Order Checks

Customer Security

BUSINESS CHECKING ACCOUNTS

Silver Lake Bank has developed accounts to meet the needs of virtually all types of businesses. A $100 minimum deposit is required to open an account.

Commercial Analysis Checking
Designed for medium to large sized businesses with significant monthly activity.
	Features & Fees
•	Earnings credit applied each month against activity and other bank fees to eliminate or reduce service charges.
•	Monthly service charge is $10.
•	Fees for debit items include $.15 per check and $.05 per ACH debit.
•	Fees for deposited items include $.05 per SLB check and $.07 for all other checks.
•	No charge for internal funds transfers or ACH Deposits. Charges for ACH origination apply.
•	Monthly eStatement available.

Business Checking
This account is designed for businesses writing fewer than 50 checks and depositing less than 75 paper items per month.
	Features & Fees
•	50 check withdrawals monthly at no charge. Each additional withdrawal is $.25
•	75 paper deposited items monthly at no charge. Each additional paper deposited item is $.25
•	No charge for internal funds transfer or ACH activity, charges for ACH Origination apply.
•	Monthly eStatement is free. Paper statements are $2 per statement period.

Express Business
For the small business with minimal monthly activity.
	Features & Fees
•	No monthly service charge if ACB¹ is $100 or more. $5 service charge if ACB¹ is below $100.
•	25 free total check withdrawals and paper deposited items. Additional items over 25 are $.25 each.
•	No charge for internal funds transfer or ACH activity. Charges for ACH origination apply.
•	Monthly eStatement is free. Paper statements are $2 per statement period.

Express Club
Small informal clubs, groups and organizations will enjoy no monthly minimum balance requirement.
	Features & Fees
•	25 free total check withdrawals and paper deposited items. Additional items over 25 are $.25 each
•	No charge for internal funds transfer or ACH activity. Charges for ACH origination apply.
•	Monthly eStatement is free. Paper statements are $2 per statement period.

Commercial Cash Management Account
Designed to give large balance commercial customers the opportunity to earn interest on idle checking account funds.
	Features & Fees
•	Earn competitive interest rates on idle funds
•	Transfer of idle funds is automatic
•	Visible through Silver Express Internet Banking
•	Receive detailed daily confirmation of activity
•	Account secured by repurchase agreements and is not FDIC insured

¹ACB= Average Collected Balance