|
Checking
Hancock
Bank of Alabama
|
Free
Business Checking |
|
Business
Interest Checking* |
Commercial
Money Market Account |
Business Relationship Rewards MMA * |
|
Balance to Avoid Service Charge |
$0 |
$5,000
Average Collected
|
$1,500
|
$2,500
|
$10,000 |
| Average
Collected Balance to Earn Interest |
N/A |
N/A
|
$1
|
$1
|
$2,500 |
| VISA®
Check Card |
Yes |
|
No
|
No
|
No |
| Minimum
Deposit to Open |
$50 |
$100
|
$1,500
|
$2,500
|
$10,000 |
|
Monthly Service Charge |
$0 |
$12
|
$10
|
$10
|
$15 |
| Item
Fees |
$0.50
each additional over 150 combined items per month |
$0.30
each additional over 250 combined items per month
|
$0.20
each additional over 20 combined items per month
|
$10
for each withdrawal over six (6) per month.
|
$0.50
each additional item over 100 combined deposited items and $20
for each withdrawal over six (6) per month. |
| Items |
Combined
items - debits, checks written, credits, deposited checks, deposit
tickets, and ACH debits and credits |
Combined
items - debits, checks written, credits, deposited checks, deposit
tickets, and ACH debits and credits |
Combined
items - debits, checks written, credits, deposited checks, deposit
tickets, and ACH debits and credits |
Transaction
items - debits, checks and ACH withdrawals. |
Combined
deposited items -credits, deposited checks, deposit tickets,
and ACH credits. Transaction items - debits, checks, and ACH
debits. |
| HandyCall®
Access |
Yes |
Yes
|
Yes
|
Yes
|
Yes |
| HandyNet®
Access |
Yes |
Yes
|
Yes
|
Yes
|
Yes |
| Monthly
Statement |
Image |
Image
|
Image
|
Image
|
Image |
| Other
Benefits |
No
monthly maintenace. |
No
maintenance or transaction fees within specified limits.
|
Sole
Proprietors can earn interest on balances of at least $1,000.
|
Earn
competitive interest
|
Earn
premium interest rates on higher balances. |
|
| |
| *
The Business Relationship Rewards Money Market account is restricted
to Hancock Bank customers. Free Business Checking, Business
Resource Checking or Commercial Checking account required. |
- All
checking accounts subject to credit approval.
- Monthly
maintenance fees will be assessed to checking accounts that do
not maintain minimum balance requirements.
- Items
consist of checks, debits, credits, deposit tickets, deposited
items (checks deposited), ACH debits and ACH credits.
- Transaction
fees apply regardless of account balance.
- Other
Fees may apply. Refer to the Business Services Information Disclosure
- Schedule of Fees, available at any Hancock Bank branch, for
further information.
- Federal
regulations require that market accounts be converted to a non-interest
bearing checking account if third-party withdrawal transaction
limits are exceeded. This would apply to checks or automatic transactions
where a third party receives funds from your account. Teller transactions
through the branch are not limited under this regulatory requirement
|
|
|
|
