Business

Int1

Business Products

At Advantage Bank we provide you a broad range of business products and services to choose from. But don’t worry. You won’t have to make the decision on what type of account you need on your own. Come in to any of our locations, and any one of our friendly Bankers will be glad to sit down with you and review what banking needs you have. At Advantage Bank, we still take pride in knowing our customer, greeting each customer as they enter the bank, and exceeding your expectations… every day.

The following additional services can be added to any of our non personal accounts:

  • Free Advantage Online Banking
  • Free Advantage Mobile
  • Free Advantage Bill Pay (requires a checking account)
  • Free Advantage E-Corp
  • Free eStatements
  • Ready Reserve (with approved credit) – See Advantage Bank Fee Schedule

Main Street Business Checking

Designed for you, the business owner, so you can concentrate on your business…

  • No monthly service fee
  • $100 minimum balance to open the account
  • Up to 175 items each month for FREE;
  • FREE electronic based debits/ credits
  • $0.25 for every paper based item (checks written, deposit slips or deposited checks) over 175 total items
  • Self initiated, via E-Corp, Stop Payment reduced to $20
  • Self initiated, via E-Corp, Wire Transfer reduced to $10 (Domestic) and $30 (International)
  • Self initiated, via E-Corp, ACH File Transfer of $20 per file
  • Visa Debit/ATM card with no annual fee (upon approval)

Advantage Analysis

Advantage Bank’s Analysis account is designed to get you the financial tools you need to help your business run as efficiently as possible!

  • Monthly maintenance fee is $15 for a single analysis account, $30 for multiple analysis accounts
  • $100 minimum balance to open the account
  • Analysis fees for Electronic based items: Analysis Deposit Fee of $.12 per deposit/credit, Analysis Deposited Item Fee of $.08 per deposited item, Analysis per Debit Fee of $.10 per debit/withdrawal
  • Analysis fees for Paper based items: Analysis Deposit fee of $.15 per deposit/credit, Analysis Deposited Item Fee of $.08 per deposited item, Analysis per Debit Fee of $.12 per debit/withdrawal
  • Self initiated, via E-Corp, Stop Payment reduced to $20
  • Self initiated, via E-Corp, Wire Transfers reduced to $10 (Domestic) and $30 (International)
  • Self initiated, via E-Corp, ACH File Transfer of $20 per file
  • Visa Debit/ATM card with no annual fee (upon approval)

Advantage Specialty

This account was created for those “Special” accounts that are not “personal” or the standard “business” accounts. Specialty Accounts include: Non Profit Accounts, Trust Accounts and Estate Accounts.

  • No monthly service fee
  • Interest earning checking account
  • $100 minimum balance to open the account
  • $2,500 minimum daily balance to earn the annual percentage yield
  • Unlimited check writing
  • First 150 deposited items are free; an excessive item fee of $.08 per check deposited over the first 150 will be applied. Checks drawn on Advantage bank will not be included in the item count.
  • $50 credit towards first order of checks placed with Deluxe by Advantage Bank
  • Visa Debit/ATM card with no annual fee (upon approval)

Main Street Savings

This savings product with tiered interest rates makes saving money easy. The more you save the more you earn. It’s the perfect savings product!

  • Interest rates tiered based upon daily balance(s)
  • $200 minimum daily balance waives $5 monthly service fee
  • $200 minimum balance to open the account
  • Can be linked to checking account (each transfer counts towards 6 allowable transactions per Reg D)
  • 6 FREE withdrawals per month; each additional is $5
  • ATM card with no annual fee

Advantage Money Market

Our Advantage Money Market is perfect for the business owner that wants to earn a competitive interest rate; while also having the option to write a few checks.

  • Interest rates tiered based upon daily balance(s)
  • Minimum daily balance of $1,000 waives $10 monthly service fee
  • $100 minimum balance to open the account
  • 6 FREE withdrawals per month; each additional is $5
  • ATM card with no annual fee

Additional information is provided for you in the Business Account Options. Interest is variable and subject to change on a daily basis after account opening. For current interest rate information, please contact Advantage Bank.

The following fees may apply: Returned Item Fee (NSF): $25.00, Overdraft item: $25.00, Continued Overdrawn account Charge: Every two (2) Business Days: $2.00, Overdraft Protection /Ready Reserve Annual Fee: $25.00

Bank will refund foreign ATM fees. Customer must present the original ATM receipt, in person or by mail, within sixty (60) days of the transaction. Refunds will be credited to your account.

All account fees subject to change at any time. Please refer to the Advantage Bank Fee Schedule for a listing of all applicable account fees.


CD’s

  • Certificates starting at 30 days up to 60 months
  • Click here for more information