Account Types And Services

Commercial Checking
Minimum Balance: None
Interest Bearing: No
Monthly Charge: Account Analysis is based on balances. See below.
Statement Imaging: Free
Check Writing: Unlimited
Special Features: 
    Commercial Checking Account Activity Charges
  • Checks/Debits posted = .18
  • Deposits/Credits posted = .45
  • NC items deposited = .09
  • All other items deposited = .10
  • FDIC Insurance (per $1,000 of month ledger balance = .18
  • Account maintenance (per month) = 14.95

  • Credit rate: 91-day T-bill rate less 75 basis points on full collected balance less reserve requirements
  • Overdraft = Carolina Bank Prime + 4.00%
 
Non-Profit Checking
Minimum Balance: None
Interest Bearing: Yes
Monthly Charge: 300 free transactions per month*
Statement Imaging: Free
Check Writing: Limited
Special Features: *Transactions limited to 300 items or fewer per month (includes checks, deposits, and items deposited). All items processed above 300, $.35 per item.
Additional Information: 
 
 
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