         
  |
|
IT IS OUR BUSINESS TO MAKE YOUR BUSINESS
RUN SMOOTHLY! |
|
Is your business managing cash flow effectively? Are you looking to expand, and in need of a business loan or a line of credit?
We have a knowledgeable and friendly team of business experts to help your company run smoothly, with a full range of deposit accounts, personal cash management, business loans, merchant credit card services and more!!!!!
|
* Small Business Checking
The affordable checking account for the Smaller Business
- Up to 100 transactions free
-(includes debits, credits and items deposited, additional transactions $.75 each)
- No monthly service fee
-(with a minimum average daily balance of $3,000.00, otherwise a monthly service fee of $17.00 will apply)
- Minimum of $500.00 to open the account
*
This product is available to new and existing customers. This is a non-interest bearing account. All other terms and fees apply as stated in our Product and Services brochure. Restrictions may apply
|
|
 Equal Housing Lender Member FDIC
|
* Business Checking
An excellent account that allows you to access your deposited funds to meet your daily cash needs for your
business!
|
| -Minimum to Open account | $2,000.00 |
| -Monthly maintenance fee | 17.00 |
| per manual credit posted | 1.25 |
| per each credit posted | .25 |
| per item deposited | .17 |
| per debit processed | .25 |
| per bill deposited | .0125 |
|
*
This account is applicable to corporations, partnerships, sole proprietorships and voluntary associations.
Fees are subject to change, See our daily rate sheet for our earnings credit rate. An earning credit is
computed based on the average collected balance maintained during the month. If earnings credit is greater
than calculated service fees, there is no charge. Earnings credit rate is subject to change monthly.
The average daily balance is calculated by adding the principal in the account for each day of the period
and dividing that figure by the number of days in the period. Accounts with a negative balance are subject
to an additional fee. Fees are subject to change.
|
|
|
Equal Housing Lender Member FDIC
|
| Business Certificates of Deposit |
|
A certificate of deposit provides a fixed rate of interest for the term of your choice.
We offer a full range of maturities, from a little as 14 days, up to 60 months. You
can choose the Business CD term that meets your growth and income objective and lock
in the interest rate and annual percentage yield on the day of deposit.
|
|
|
Equal Housing Lender Member FDIC
|
| */** Business Savings |
|
For the business saver, perfect for funds you may not use frequently and would like to earn interest in an interest
bearing savings account
|
| -Minimum to open account | $2,000.00 |
-Minimum daily balance to waive
Service fee and earn interest |
500.00 |
-If minimum falls below minimum daily
balance the monthly fee is |
5.00 |
-Six withdrawals are permitted per
4 week cycle period |
FREE |
| -Additional withdrawals per cycle | 3.00 |
*
Interest is compounded quarterly and credited quarterly
see our current rate sheet for our current rates and annual percentage yield. You must maintain a minimum daily balance
of $500.00 to obtain the annual percentage yield Look up our current rates, rates and yields are subject to change at any time.
|
|
**
Federal regulations limit 6 transfers per month.
Depositors are not permitted to make more than six
transfers and withdrawals or a combination of transfers
and withdrawals per calendar month or statement cycle
(at least a four week period). Transfers and withdrawals
include: automatic or electronic transfers to the account
of the same depositor and same institution (including a transaction account),
transfers to third parties by pre-authorized automatic transfer
(written or oral agreement, including ACH), or telephone agreement,
order or instruction debit card transactions.
|
|
|
Equal Housing Lender Member FDIC
|
| */** BUSINESS MONEY MARKET |
|
This account is excellent for the business owner who
Requires an interest bearing account for his business funds. The interest rate and annual percentage yield are included
in the daily rate sheet.
|
| -Minimum to open the account | $5,000.00 |
| -Minimum daily average balance to obtain interest | 5,000.00 |
| -Monthly fee if account falls below minimum balance | 10.00 |
| -Withdrawals allowed per statement cycle | 3 |
| -Additional withdrawals each | 10.00 |
| */** BUSINESS PREMIUM MONEY MARKET |
|
There’s no better way to earn high rates of interest while keeping your funds liquid. Our tiered interest rate structure lets you earn a higher rate when a larger balance is maintained. Interest is compounded monthly and credited monthly.
|
| -Minimum to open the account | $10,000.00 |
|
*
See our North Bank brochure for detailed information. See our daily
rate sheet for our daily rates and annual percentage yields
|
|
**
Federal regulations limit 6 transfers per month.
Depositors are not permitted to make more than six
transfers and withdrawals or a combination of transfers
and withdrawals per calendar month or statement cycle
(at least a four week period). Transfers and withdrawals
include: automatic or electronic transfers to the account
of the same depositor and same institution (including a transaction account),
transfers to third parties by pre-authorized automatic transfer
(written or oral agreement, including ACH), or telephone agreement,
order or instruction debit card transactions.
|
|
|
Equal Housing Lender Member FDIC
|
Merchant Credit Card Processing
Investigating your Merchant card processing options makes sense, especially if it could mean more profit to your business! North Bank brings you the most innovative Merchant Services solutions available!
Whether you currently use a credit card processor and wonder, if you’re paying too much or you’re considering credit card acceptance for the first time, we at North Bank want to help. Our card processing specialist will discuss the card processing program with you, from traditional point- of- sales terminals to wireless terminals to online storefronts, we have payment solutions that are designed with one goal in mind: “helping your business be more profitable”
Call or contact our merchant credit card processing specialist at 312-644-4000 or email us at !
|
| "At North Bank we are in business for you" |
|
|
Equal Housing Lender Member FDIC
|
Other Services
-Business Loans and Lines of Credit
-Coin and Currency Processing
-Night Depository
-Wire Transfers
-Bank by Mail
-24-Hour Tele-Banker Services
-Personal Cash Management
-Direct Deposit Services
|
|
For more information on any one of North Bank's business accounts and services, please contact a personal banker by calling
us at 312-644-4000 or email us at
|
| "North Bank is in Business for you"! |
|
|
Equal Housing Lender Member FDIC
|
|
|