Let us help you choose your new business checking account!
SouthernTrust Bank's menu of business checking services is designed to help you maximize value and minimize cost in your banking relationship with intelligent business checking services that give you the flexibility you need. Get down to the business of running your business with a business checking account designed for the way you operate.
| Feature/Benefit | Southern Small Business | Southern Business | Southern Business Advantage | Money Market |
| Minimum opening balance | $200 | $500 | $1,500 | $2,500 |
| Minimum balance to avoid service charge | None | $1,500 | $1,500 | $2,500 |
| Service Charges (1) | None Per item charge of .20 per item for checks in excess of 300 per statement cycle Per item charge of .20 per item deposited in excess of 400 per statement cycle |
Monthly service charge of $10 if balance falls below $1,500 Per item charge of .20 per item for checks in excess of 400 per statement cycle Per item charge of .20 per item deposited in excess of 500 per statement cycle |
Monthly service charge of $10 if balance falls below $1,500 Per item charge of .20 per item for checks in excess of 400 per statement cycle Per item charge of .20 per item deposited in excess of 500 per statement cycle |
Monthly service charge of $10 if balance falls below $2,500 |
| Earns Interest | No | No | Yes | Yes |
| Tiered Balance Account | No | No | Yes | Yes |
| Additional Features | None | None | Reserved for qualifying businesses; Governments, Non-Profit Organizations, Sole Proprietors | Limited to 6 transactions per month with no more than 6 by check payable to third parties. $7.50 per transaction in excess of account transaction limits. |
(1) Other fees, terms and conditions may apply. Please refer to the complete account disclosures available at your nearest SouthernTrust Bank location. The Truth In Savings Act requires disclosures to be available on all consumer deposit accounts. Please inquire at any SouthernTrust Bank location for a separate Truth In Savings disclosure.
IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING OR CHANGING AN ACCOUNT WITH SOUTHERNTRUST BANK
Section 326 of the USA PATRIOT ACT requires all financial institutions to obtain, verify and record information that identifies each person who opens an account or changes an existing account. This federal requirement applies to all new customers and current customers. This information is used to assist the United States government in the fight against the funding of terrorist and money-laundering activities.
