At Summit Bank, we make it our business to understand your business.
We offer a complete line of Business Deposit Services to meet the needs of your company. The personal services of a "smaller" bank and the sophisticated financial services of a "large" bank is what set us apart from our competitors.
Contact us for information about the following deposit products:

Business Checking
(for Sole Proprietorships)

• $100.00 minimum to open
• No minimum balance requirements
• $8.00 monthly maintenance fee

Commercial Checking
(for businesses that need a variety of services)

• $100.00 minimum to open
• Fees based on account analysis
• *Credit is earned on a percent of the collected balance and will offset charges incurred. The monthly earnings credit rate is based on the 91-day treasury bill rate. The earnings credit is calculated on the account's collected balance for the month less a 12% reserve requirement. If the account's collected balance is a negative for the month, there will be a "base rate" charge considered on the negative balance. If the earnings credit exceeds the fees for any period, you will be assessed no fees but will not be paid, carry forward, or otherwise receive credit for any excess earnings credit.

Business Money Market Account

• $1,500.00 minimum balance
• $10.00 service fee if falls below minimum
• $10.00 per item fee in excess of 6 free limited withdrawals
• Interest based on tiered variable rate structure

Click here for a business application (must apply in person)

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