BUSINESS BANKING PRODUCTS

DEPOSIT ACCOUNTS BUSINESS LOANS
  • Revolving Lines of Credit*
  • Term Loans*
  • Construction Loans*
  • Term Commercial Mortgage Loans*
  • Loans and Lines of Credit*
 OTHER BANKING SERVICES
  • ATM/Check Cards*
  • Wires-International and Domestic
  • Credit Cards
  • Overdraft Protection*
  • Check Imaging
  • Notary Service
  • Cashiers/Travelers Checks
  • Direct Deposit
 

Business Checking

Minimum Balance Requirements
A deposit of $1,000 is required to open this account. Monthly service charge of $8.00 will be charged unless a $2,500 minimum daily balance is met. Total monthly debits must not exceed 150 and total monthly credits must not exceed 50. Any item in excess of limit will be charged $0.20 per item.

Disclosure of Account Terms: For complete disclosure information, please refer to the Account Disclosure Statement provided at the time of opening these accounts.

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Business Interest Checking

Minimum Balance Requirements
A deposit of $2,500 is required to open this account. Monthly service charge of $12.00 will be charged unless a $5,000 minimum daily balance is met. Total monthly debits must not exceed 80 and total monthly credits must not exceed 50. Interest will compound daily and credit monthly. Closing the account prior to interest payment will result in forfeiture of accrued interest.

Disclosure of Account Terms: For complete disclosure information, please refer to the Account Disclosure Statement provided at the time of opening these accounts.

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Business Analyzed Checking

Minimum Balance Requirements
A deposit of $1,000 is required to open this account. A $15.00 maintenance fee will be charged unless an earning credit applies to reduce the charge. This is a fully analyzed account with unlimited activity. An earnings credit based on the collected monthly balance may offset any service charge assessed.

Disclosure of Account Terms: For complete disclosure information, please refer to the Account Disclosure Statement provided at the time of opening these accounts.

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Business Savings Account

Minimum Balance Requirements
A deposit of $500 is required to open this account. A quarterly average collected balance of $500 is required to avoid a $9.00 quarterly service charge.

Transaction Limitations: You may make up to six (6) withdrawals from your account each four (4) week or similar period, if by preauthorized or automatic transfer, or telephone (including data transmission) agreement, order or instruction. Three (3) of these transfers may be made by draft, debit card or similar order (including POS transactions), made by the depositor and payable to third parties. Transfers and withdrawals made in person, by messenger, by mail or at an ATM are unlimited.

A $15.00 excessive withdrawal fee will be assessed for each transaction exceeding the limitations.

Compounding and Crediting: Interest will compound daily and credit quarterly. Closing the account prior to interest payment will result in forfeiture of accrued interest.

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Business Money Market

Minimum Balance Requirements
A deposit of $25,000 is required to open this account. Monthly service charge of $25.00 will be charged unless a $50,000 minimum daily balance is met.

Transaction Limitations: You may make up to six (6) withdrawals from your account each four (4) week or similar period, if by preauthorized or automatic transfer, or telephone (including data transmission) agreement, order or instruction. Three (3) of these transfers may be made by check, draft, debit card or similar order (including POS transactions), made by the depositor and payable to third parties. Transfers and withdrawals made in person, by messenger, by mail or at an ATM are unlimited.

A $15.00 excessive withdrawal fee will be assessed for each transaction exceeding the limitations.

Compounding and Crediting: Interest will compound daily and credit monthly. Closing the account prior to interest payment will result in forfeiture of accrued interest.

Balance Computation Method: We use the daily balance method to calculate interest on these accounts. This method applies a daily periodic rate to the collected balance.

Disclosure of Account Terms: For complete disclosure information, please refer to the Account Disclosure Statement provided at the time of opening these accounts.

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BUSINESS LOANS

  • Revolving Lines of Credit for seasonal increases in accounts receivable and inventory.
  • Term Loans for business equipment and other capital asset purchases.
  • Standby Letters of Credit
  • Construction Loans for commercial, office, retail, industrial and residential development.
  • Commercial Real Estate Loans for new and existing properties.
  • Loans and Lines of Credit to businesses and professionals for business expansion, permanent working capital, and real estate.
  • SBA-504, and Cal Coastal Rural Development government guaranteed loans.
 

Product features and service charges are subject to change. Some banks may charge a surcharge for use of their ATM.

* Credit Approval Required