Business Banking

Business Accounts

• Business Checking
  Ideal for small to medium sized companies and non-profit organizations
  
• Minimum $100 required to open
• No charge for deposits
• No charge for teller transactions
• No minimum balance required
• Transactions are free
• Check images are included in monthly statements
• FREE Online Banking
• FREE Online Bill Pay
  
• Commercial Checking Account
  Ideal for businesses with higher transaction volume
  
• Minimum $100 required to open
• Earnings Credit Rate is earned on average collected monthly cycle balance
• Earnings Credit may offset service charges
• Check images are included in monthly statements
• FREE Online Banking
  
• Business Interest Checking
  For non-profits, sole proprietors and associations
  
• Minimum $100 required to open
• Interest earned on collected balances
• Check images are included in monthly statements
• FREE Online Banking
• FREE Online Bill Pay
  
• Commercial Money Market Account
  Discover the benefits of our high performance money market account
  
• Under $2,500 account earns .49% with a .50% APY
• Balances of $2,500 earn one of the highest rates available
• Free with a minimum balance of $1,000
• Below $1,000 there is a $15 monthly maintenance fee, plus will not earn interest
• Check images are included in monthly statements
• FREE Online Banking
• FREE Online Bill Pay
  
• Interest on Lawyers Trust Accounts
  Designed to house trust account client funds
  
• Minimum $100 required to open
• Interest earned and remitted to LA Bar Assn.
• Interest accrued daily, credited monthly
• Check images are included in monthly statements
• FREE Online Banking

Other Services

• Merchant Services
• Wire Transfers
• Sweep Account
• Account Analysis

Savings Accounts

• Business Savings Account
  
• Up to six transactions per month
• Simple interest is accrued daily and credited quarterly
• No minimum deposit required at opening
• $5 maintenance fee if balance drops below $50
• FREE Online Banking

• Business Services – Simplified Employee Pension (SEP)
  An agreement that allows an employer to make contributions toward his own and his employee's retirement
  
• Contributions based on a percentage of employee's salary
• Must be the same percentage for all employees
• Contributions to be made by April 15 plus extensions
  
• Health Savings Account
  Designed exclusively for covering medical expenses incurred by the account beneficiary and their dependents
  
• Available to individuals covered by a high deductible health plan
• Tax deferred
• Contributions are excluded from income and may be made
  by the employer or employee

Certificate of Deposit
We offer many different terms on Certificate of Deposits ranging from 91 days to two years with competitive rates.

Loans

• Business Loan
  
• Business Overdraft Protection
  
• Business Term Loan and Lines of Credit
  
• Home Equity Line of Credit
  
• Commercial Real Estate Financing
  Business owner occupied and/or credit eligible tenants

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