Small Business Checking with Interest
Interest-bearing1 business checking account available to sole proprietorships and nonprofits.
- Activity charges applied after first 100 transactions in the account2
- Convenient overdraft protection options:
- Includes a wide variety of online banking services:
- Online banking & bill pay available5
- Mobile banking with mobile deposit available6
- Free electronic statements
- VISA® debit card with no annual fee
- $25.00 minimum account opening deposit required
- No monthly maintenance fee if $1,000.00 daily balance is maintained.8
Valid identification is required to open this account. Please refer to this list of acceptable forms of identification.
1Please see a customer service representative or personal banking representative for current rate information, calculation method and to obtain your copy of our specific account details.
2Activity fees are assessed based on transactions (both debits and credits) applied to your account on a monthly basis. See schedule of fees for details.
3Overdraft Privilege will be available to use the first business day following a 30-calendar day waiting period.
Our standard NSF paid item fee is $15.00 if the overdraft is a result of a transaction greater than $3.00 but less than $15.01 or $38.00 NSF paid item fee if the overdraft is a result of a transaction of $15.01 or greater, and the transaction overdraws your account by more than $15.01 (meaning you have a negative $15.01 available balance or more). For our consumer accounts, we may charge up to $200.00 in non-sufficient fund (NSF) paid item fees per account, per day. For our business accounts, there is no maximum daily limit for non-sufficient (NSF) paid item fees.
The categories of transactions for which a fee for paying an overdraft may be imposed are checks, an in-person withdrawal, an automatic payment, an Automated Clearing House (ACH) transaction, recurring debit card payment, or any other debit transaction made using your checking account. For consumer accounts at your request, we may authorize and pay ATM transfers or withdrawals or everyday debit card transactions. Business account ATM transfers or withdrawals or everyday debit card transactions will automatically be included as a transaction for which a fee for paying an overdraft item may be imposed.
Please be advised that if you use the Overdraft Privilege service, you must make regular deposits to bring your account to a positive balance, for at least 1 business day, at least once every 30 calendar days (including the payment of all bank fees and charges).
We typically do not pay overdrafts if; (1) your account is not in good standing; (2) you have a legal orders (including bankruptcies), garnishments, levies or liens against your account; (3) you have an outstanding indebtedness past due or in default to Alpine Bank or any other account relationship and; (4) an item is presented that is over your currently available Overdraft privilege amount.
4Must meet Alpine Bank's underwriting requirements. Rates and terms are subject to change based on current market conditions. Please contact your local Alpine Bank loan officer for more information, other restrictions may apply.
5Online Banking is not available to minors under the age of 13. Certain transaction fees and limitations apply. Please refer to the product terms and conditions.
6Alpine Mobile® is not available to minors under the age of 13. Alpine Bank does not charge you a fee for using Alpine Mobile®; however, your wireless carrier’s standard web access and text message rates may still apply. Mobile Deposit limitations apply. Please refer to product terms and conditions.
7If using any international, non-Allpoint or non-Alpine Bank ATM, a $2.00 ATM fee per withdrawal will apply, as well as any fee charged by the third-party ATM holder.
8A maintenance fee of $10.00 will be charged each monthly statement cycle if the daily balance in the account falls below $1,000.00 any day of the monthly cycle.
