Business Checking Comparison Chart
Business Checking Comparison Chart
Checking Features |
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|---|---|---|---|---|
Ideal for: |
Small- to medium-sized businesses with high checking activity |
Small businesses with moderate checking activity |
Businesses with higher transaction activity and or utilizes Cash Management services |
Sole proprietors, fiduciaries, certain non-profit organizations |
Minimum Opening Deposit |
$0 |
$0 |
Varies |
$750 |
Minimum Balance |
$10,000 minimum combined balance in qualifying deposit accounts1 |
None |
None |
$1,500 |
Monthly Service Charge |
$20 (if minimum combined balance is not maintained) |
None |
$12.50 monthly maintenance fee plus other fees (Earnings credit allowance may offset fees) |
$9 |
Interest Earning |
No |
No |
No |
Interest compounded daily and paid monthly |
Statements Issued |
Monthly |
Monthly2 |
Monthly |
Monthly |
Other Features |
There is no charge for the first 325 deposited items and/or checks paid each statement period.3 |
There is no charge for the first 100 deposited items and/or checks paid each statement period.3 |
An earnings credit allowance is calculated each statement period and used to offset applicable account analysis and Cash Management fees |
There is no charge for the first 100 deposited items and/or checks paid each statement period.3 |
Benefits |
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|---|---|---|---|---|
Business Debit MasterCard® |
Free,with MasterCard Easy Savings® program |
Free,with MasterCard Easy Savings® program |
Free,with MasterCard Easy Savings® program |
Free,with MasterCard Easy Savings® program |
ATM Access |
No CPB ATM transaction fees when you use any ATM worldwide4 ATM surcharge rebate when you use any ATM in Hawaii and on the mainland4,6 |
No CPB ATM transaction fees when you use CPB ATMs4,5 |
No CPB ATM transaction fees when you use CPB ATMs4,5 |
No CPB ATM transaction fees when you use CPB ATMs4,5 |
Checks |
$50 off one check order every year7 |
$25 off your first order of checks7 |
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Other Benefits |
No Incoming Wire Transfer fees Waived or discounted application fee on select business loans and lines of credit8 |
No Incoming Wire Transfer fees Waived or discounted application fee on a Business ExpressLine of Credit9 |
Enhancements |
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|---|---|---|---|---|
Business Online Banking with Unlimited Bill Pay |
No Charge |
No Charge |
N/A |
No Charge |
Business Online Banking with ACH |
No Charge |
$.50 per ACH Transaction |
Refer to iBusiness Central |
$.50 per ACH Transaction |
iBusiness Central (Commercial Online Banking) |
N/A |
N/A |
Available |
N/A |
Infoline Telephone Banking |
Free |
Free |
Free |
Free |
1. Qualifying accounts must be in the name of the business. Click here to view qualifying accounts.
2. A paper statement fee of $10.00 will be charged per statement period. This fee is waived for the first calendar month in which the Account is opened. For subsequent months, the fee can be waived in one of three ways: 1. Enroll in Online Statement service through Online Banking, or 2. Link your Business Value Checking to a Business Exceptional Plan, or 3. Maintain an average balance of $5,000.00 or more during the statement period. The average balance is calculated by adding together the ending balances from each day during the statement period and dividing the total by the number of days in the statement period.
3. Deposited items include deposit slips and each check. Additional items are $0.25 each. Each ATM & Mobile deposit generates a digital deposit slip.
4. Non-CPB ATMs may impose surcharges that are separate from and in addition to our Non-CPB ATM Transaction Fees and should disclose their surcharge fee at the beginning of the transaction.
5. Transactions made at non-CPB ATMs are subject to our Non-CPB ATM Transaction Fees.
6. We will reimburse you up to $4 per transaction for ATM surcharges from other banks and ATM operators incurred on your Business Exceptional Checking account for ATM usage nationwide.
7. Place order at branch for discount.
8. On approved credit. Waived up to $125 for all scored business credit products - Business Express Loan, Business Express Line of Credit, Professional Express Line or Professional Express Loan.
9. On approved credit. Waived up to $125 for one Business Express Line of Credit.