Business Checking


IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT

 

To help the government fight the funding of terrorism and money laundering activities, Federal Law requires all financial institutions to obtain, verify and record information that identifies each person who opens an account.

What this means for you: When you open an account, we will ask you for your name, address, date of birth and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents.

 

Customer Awareness ( Tips to Prevent ID Theft )

 

 

Business Checking Accounts

 

 

Business Savings Accounts

 

 

Merchant Services 
 

 

 

Business Checking Accounts


Business Checking


  • First 50 checks paid-no charge.
  • Fee for checks paid over 50 - $0.25 each
  • Monthly statement provided (no check or deposit images provided)
  • Monthly Fee $10.00
  • Minimum opening deposit of $100.00 is required

 

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Commercial Checking


  • Service charges may be reduced or eliminated through an earnings credit
  • 18 cents fee for each paid during the month
  • 0003% Deposit Insurance Assessment (0.03 per $100.00)
  • Monthly Fee $6.00
  • Check and deposit images included with monthly statements
  • Minimum opening deposit of $100.00 is required



MINIMUM OPENING DEPOSIT OF $100.00 IS REQUIRED

 

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Business Savings Accounts

 

Business Savings


  • *Minimum opening deposit $100.00
  • Two (2) withdrawals per month
  • Monthly fee of $1.50 for balances under $100.00
  • Statements provided at least quarterly
  • Accounts which are inactive for 6 months are charged $1.00 per month.
  • Preauthorized transfers are limited to 6 per month, no more than 3 of which may be by check, draft, debit card or similar order made to third parties. Your account will be monitored for excess activity. If after notifying you, excess transactions continue, we may either close the account, cease paying interest on the account, or remove the transfer and draft capabilities

 

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Money Management


  • Opening deposit of $2,500.00
  • Six (6) withdrawals per month
  • $10.00 per transfer over 6 per month
  • Monthly fee $5.50 if balance falls below $2,500.00



*MINIMUM OPENING DEPOSIT ON ALL ACCOUNTS $100.00

 

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Please contact any of the following for more information on any of the above accounts:

info@bankofcadiz.com or Toll Free (866) 554-6066

 

 

  • Andrea Esposito
    (270) 522-6066

  • Sarah Neighborgall
    (270) 522-6066

  • Jennifer Knight
    (270) 522-0450

  • Betty Winders
    (270) 885-3211

  • Jennifer Eidson
    (270) 759-4852

 

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