FDIC-Insured – Backed by the full faith and credit of the U.S. Government
Flexible |
Small Business |
Enterprise |
Analysis |
Merchant |
|
|---|---|---|---|---|---|
Less Can Be Much More |
Enhanced Control / Fast and Easy Access |
Earn the Interest You Deserve |
Nothing Less Than the Best |
Quick & Easy |
|
Best for... |
Start-ups / businesses who want to keep their banking simple, convenient, and secure. |
Growing businesses that maintain lower average balances with moderate transactional needs, who seek to enjoy the benefits of linked accounts. |
Larger businesses with higher balances, more complex banking needs, seeking to make the most of their cash flow. |
Large businesses with sophisticated and demanding banking needs, seeking highly personalized attention and the best rates available. |
Small Business Owners who also have a Merchant Services account. |
With Average Daily Balance of: |
$ 5,000 or less |
$ 5,001–$ 10,000 |
$ 10,001–$ 20,000 |
Call Your Alma Bank Representative for details |
Call Your Alma Bank Representative for details |
Because... |
Limited transactions mean lower fees. Convenient access to your money via ATM, debit MasterCard, online / mobile banking. |
Linked accounts mean lower fees and higher interest rates. Enhanced control and fast / easy access to funds. |
Higher transactional limits, linked accounts with higher balances eliminate fees, earn higher interest rates, and optimize cash flow. |
Linking multiple commercial checking accounts to generate earnings credits that offset fees for financial instruments utilized through the bank. |
Better pricing is offered for Merchant Services when a business/merchant checking account is opened and the funds are deposited into an Alma Bank checking account. |
Transaction Limits* |
150 transactions per month |
300 transactions per month |
500 transactions per month |
Unlimited Transactions |
150 transactions per month |
Features |
24-hour Telephone Banking |
24-hour Telephone Banking |
24-hour Telephone Banking |
24-hour Telephone Banking |
Call Your Alma Bank Representative for details |
|
Remote Deposit Capture available |
Remote Deposit Capture available |
Remote Deposit Capture available |
n/a |
|
|
ALMA Cash Management Services available |
ALMA Cash Management Services available |
ALMA Cash Management Services available |
n/a |
|
Unlimited Free Bill-Pay Transactions per month |
Unlimited Free Bill-Pay Transactions per month |
Unlimited Free Bill-Pay Transactions per month |
25 Free Bill-Pay Transactions per month |
Unlimited Free Bill-Pay Transactions per month |
|
Online Banking with Bill Pay |
Online Banking with Bill Pay |
Online Banking with Bill Pay |
Online Banking with Bill Pay |
Call Your Alma Bank Representative for details |
|
Mobile Banking with Bill Pay and ALMA Mobile App |
Mobile Banking with Bill Pay and Alma Mobile App |
Mobile Banking with Bill Pay and ALMA Mobile App |
Mobile Banking with Bill Pay and Alma Mobile App |
Call Your Alma Bank Representative for details |
|
ALMA Business Debit MasterCard with access to over 55,000 surcharge-free ATMs worldwide. |
ALMA Business Debit MasterCard with access to over 55,000 surcharge-free ATMs worldwide. |
ALMA Business Debit MasterCard with access to over 55,000 surcharge-free ATMs worldwide. |
ALMA Business Debit MasterCard with access to over 55,000 surcharge-free ATMs worldwide. |
ALMA Business Debit MasterCard with access to over 55,000 surcharge-free ATMs worldwide. |
|
E-Statements, check images |
E-Statements, check images |
E-Statements, check images |
E-Statements, check images |
Call Your Alma Bank Representative for details |
|
Minimum to Open |
$100 |
$100 |
$100 |
|
$100 |
Combined Relationship to Waive Maintenance Fee |
n/a |
$100,000 |
$1,000,000 |
n/a |
n/a |
Average Daily Balance to Waive Maintenance Fee** |
n/a |
$5,000 |
$10,000 |
n/a |
n/a |
Combined Accounts Available |
n/a |
Checking / Savings / Money Market / Certificates of Depost / Lines of Credit |
Checking / Savings / Money Market / Certificates of Depost / Lines of Credit |
Checking / Savings / Money Market / Certificates of Depost / Lines of Credit |
n/a |
* Excess Transaction Fee may apply to Business Savings, Enterprise Savings and Business Money Market accounts if the permitted pre-authorized debits exceed the limits allowed by law.
** 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. The period we use is monthly.