Business Account Transition Charts

Transcription

1 Business Account Transition Charts 37

2 Just Right Business Checking or Just Right Business Checking+ Small Business Checking $9 monthly maintenance fee 6 Relationship Rewards 1 If your daily balance does not fall below $400 and you maintain three additional relationship services (listed to the right) we will waive the monthly maintenance fee. Transaction Charges 2 First 100 transactions are free each month. $0.25 per transaction after the first 100 Cash Deposited First $2,500 per month is free. $0.75 per $1,000 after the first $2,500 Canceled Check options include Check Imaging or Safekeeping Temporary Waiver of Fees: The maintenance fees, transaction fees and cash deposited fees associated with this account type will be waived through July This waiver period will allow us the opportunity to review your business activity to determine a business checking product that best meets your needs. During this analysis, your branch may contact you to recommend a move to a different product or to recommend additional services to qualify for Relationship Rewards. Columbia Bank, Member FDIC 38

3 Relationship Services Add any three of these services to your account to complete your relationship. 4 Deposit Services Business Checking Account Business Savings Account Business Money Market or CD Health Savings Account Treasury Management Services Business Online Banking Business Bill Pay Remote Deposit Capture Investment Sweeps Loan Services 5 Business Reserve Line of Credit Business Equity Line of Credit or Loan Commercial Real Estate Loan SBA Loan Additional Services Merchant Card Services Business VISA Debit Card 5 Business VISA Credit Card 5 CB Financial Services* *Securities and insurance products are offered through Cetera Investment Services LLC (doing insurance business in CA as CFGIS Insurance Agency), member FINRA/ SIPC. Advisory services are offered through Cetera Investment Advisers LLC. Neither firm is affiliated with the financial institution where investment services are offered. Investments are: Not FDIC insured May lose value Not financial institution guaranteed Not a deposit Not insured by any federal government agency. 39

4 Analyzed Business Checking or Lockbox Accounts Commercial Business Checking $15 monthly maintenance fee Earnings Credit based on investable balances Credits Posted: $0.35 each Debits Posted: $0.18 each Deposited Items: $0.10 each ACH Items Posted: $0.14 each Cash Deposited/Sold: $0.10 per $100 Rolled Coin Purchased: $0.10 per roll Loose Coin Deposited: $10.00 per bag Uncollected Funds Usage: Prime % Deposit Assessment: $0.13 per $1,000 Canceled Check options include Check Imaging or Safekeeping Temporary Waiver of Fees: The account analysis activity associated with this account will be waived through May This waiver period will allow you the opportunity to understand the minimum requirements of your new account. 40

5 Business Interest Checking Business Interest Checking $10 monthly maintenance fee. Waived with $1,000 minimum daily balance 7 $1,000 minimum daily balance to earn interest (See enclosed rate sheet) Interest earnings are calculated daily and paid/compounded monthly Other Maintenance Fees: - Deposits/Credits: $ Checks/Withdrawals: $ Checks Deposited: $0.065 Canceled Check options include Check Imaging or Safekeeping Temporary Waiver of Fees: The monthly maintenance fee, transaction fees and checks deposited fees associated with this account will be waived through May This waiver period will allow you the opportunity to understand the minimum requirements of your new account. If your current account is: Business Money Market Business Money Trend 8 $10 monthly maintenance fee. Waived with $1,000 minimum daily balance 7 $1 per debit if balance is less than $1,000 No minimum daily balance required to earn interest (See enclosed rate sheet) Check Safekeeping required Interest earnings are calculated daily and paid/compounded monthly Temporary Waiver of Fees: The monthly maintenance fee and transactions fees associated with this account will be waived through May This waiver period will allow you the opportunity to understand the minimum requirements of your new account. 41

6 Business Premium Money Market Premium Business Money Market 8 $20 monthly maintenance fee. Waived with $25,000 minimum daily balance 7 No minimum daily balance required to earn interest (See enclosed rate sheet) Check Safekeeping required Interest earnings are calculated daily and paid/compounded monthly Temporary Waiver of Fees: The monthly maintenance fee associated with this account will be waived through May This waiver period will allow you the opportunity to understand the minimum requirements of your new account. If your current account is: Community Savings Business Savings 8 $3 monthly maintenance fee. Waived with $500 minimum daily balance 7 No minimum daily balance required to earn interest (See enclosed rate sheet) Interest earnings are calculated daily and paid/compounded monthly $1 per debit over three if balance is less than $500 Temporary Waiver of Fees: The monthly maintenance fee and transaction fees associated with this account will be waived through May This waiver period will allow you the opportunity to understand the minimum requirements of your new account. 42

7 Public Funds Public Checking No monthly maintenance fee Limited to government entities ATM Charges 3 Statement options include Check Imaging or Safekeeping If your current account is: Repo Bank Sweep Manager Commercial Business Checking & Demand Deposit Marketplace Please refer to the Demand Deposit Marketplace Sweep contract you received in the mail. If you have any questions, please contact the Commercial Care team at

8 Business Account Disclosures 1. The requirement to waive the monthly maintenance fee is based on the following minimums: the minimum balance each day and maintaining three additional relationship services. 2. Transactions include deposits, deposited items, checks, withdrawals, ACH credits and ACH debits. 3. ATM cards are available to Sole Proprietors only. 4. Some Relationship Services may require additional fees (set up, monthly maintenance, etc.) Please review the Services and Fees Schedule and additional product brochures for fees related to any service. 5. Subject to credit approval. 6. Your monthly maintenance fee will be waived for the first three statement cycles after May 18, This will provide you with the opportunity to explore and enroll in the three minimum relationship services that can help toward waiving the monthly maintenance fee. 7. If the balance required to avoid the monthly maintenance fee is based on a minimum, you must maintain the minimum balance each day to avoid the disclosed maintenance fee. 8. During any statement cycle you may not make more than six withdrawals or transfers to another account of yours or to a third party by means of a preauthorized or automatic transfer or telephone order or instruction, computer transfer, or by check, draft, debit card or similar order to a third party. If you continue to exceed the number of transfers or withdrawals, your account may be closed or the account type may be changed. Withdrawals and/or transfers exceeding the six per account statement cycle allowance will result in a $5 fee per withdrawal after the sixth withdrawal per statement cycle. Withdrawals made in person or at an ATM are not included in the limit of six per statement cycle. Please refer to the Services and Fees Schedule enclosed within this mailing for additional fees that may be assessed against your account. 44