Business Checking and Savings

You choose a checking account that fits the needs of your business. We also have accounts that pay you interest so you can earn more on your dollar.

Small Business Advantage Checking

NO minimum balance required ($100.00 initial deposit)
FREE Internet Banking
FREE Sherburne Telebank access
Internet Cash Management available
FREE first 150 items processed through account per month (combination of deposits and debits,
either by check or electronically); then $0.25 per item
Debit / ATM card available at no initial charge
$5.00 monthly fee for images of cancelled check with bank statement

Business Checking

NO minimum balance required ($100.00 initial deposit)
FREE Internet Banking
Internet Cash Management available
FREE Sherburne Telebank access
FREE first 100 non “on-us” deposited items; then $0.05 service charge per item
Debit / ATM card available at no initial charge
Earnings credit on daily balance
Receive images of cancelled checks with bank statement
Low cost for internet access bill pay
Low monthly maintenance fee of $8.00
Low service charge per debit and check of $0.15 after the first 40

Business NOW (Available to non-profit organizations and sole proprietors only)

NO minimum balance required ($500.00 initial deposit)
FREE Internet Banking
Internet Cash Management available
FREE Sherburne Telebank access
FREE first 100 non “on-us” deposited items; then $0.05 per item
Debit / ATM card available at no initial charge
Receive images of cancelled checks with bank statement
Low cost for internet access bill pay
Low monthly maintenance fee of $2.00
Low service charge per debit and check of $0.15
$500.00 minimum daily balance requirement – A monthly service charge of $10.00 will be collected
if the balance falls below $500.00 any day of the cycle.
Interest bearing at a variable rate on the daily collected balances, compounded and credited monthly.
The interest rate may change and is subject to change on a daily basis. Fees may affect earnings.

Business “Special” Account

NO minimum balance required ($100.00 initial deposit)
FREE Internet Banking
Internet Cash Management available
FREE Sherburne Telebank access
FREE first 100 non “on-us” deposited items; then $0.05 per item
Debit / ATM card available at no initial charge
Earnings credit on daily balances
Receive images of cancelled checks with bank statement
Low cost for internet access bill pay
Low initial deposit of $100.00
Low monthly maintenance fee of $2.00
Free first 40 debits and checks each month then a service charge of $0.15 per item after

Business Savings Account

$100 initial deposit required to open account
A service charge of $5 will be imposed each statement cycle (monthly) for which the balance of this account falls below $100 any day of the cycle.
A service charge of $0.25 will be charged for each withdrawal in excess of four during a month.