Business Accounts

ACCOUNTS FREE BUSINESS CHECKING REGULAR BUSINESS CHECKING BUSINESS NOW BUSINESS MONEY MARKET BUSINESS
SAVINGS
Description A non interest-bearing account for owner-operated, start-up, and small businesses Provides earnings credit to offset most monthly banking fees for businesses with larger volume An interest-bearing account designed for sole proprietorships or nonprofit organizations only A tiered interest-bearing account, with limited check writing privileges An interest-bearing account that offers convenient access to your funds
Minimum
Opening
Balance		 $250.00 $250.00 $1,000.00 $2,500.00 $100.00
Item
Charge		 First 150 Transaction Items FREE After 150: .23¢ per transaction item .14¢ per check transaction item fee and .10¢ per check deposited not-on us transaction item Unlimited check writing Limited to 6 transactions per month (3 checks, transfers or withdrawals and 3 deposits per month) Limited to 4 withdrawals per month; each additional withdrawal $1.00 fee
Monthly
Service Fee 		None $5.00 $8.00
(if minimum balance not met)		 $10.00
(if minimum balance not met)		 $1.00
(if minimum balance not met)
Interest
Earned 		N/A 1%* of Average collected balance based on statement cycle
*Rate subject to change at any time.		 Yes,
paid monthly		 Yes,
Tiered Rate
paid monthly		 Yes,
paid quarterly
Debit/ATM
Card		 Available for Sole Proprietors & Partnerships Available for Sole Proprietors & Partnerships Available for Sole Proprietors & Partnerships N/A ATM Available for Sole Proprietors & Partnerships
Statements Image check statement available for $5.00 per month
e-Statements Available

 

Image Statement
e-Statements Available 

 

Image Statement
e-Statements Available 

 

Image Statement
e-Statements Available 

 Quarterly Statement
e-Statements Available
Voice Access / On-Line Banking Voice Access and On-Line Banking Voice Access and On-Line Banking Voice Access and On-Line Banking Voice Access and On-Line Banking Voice Access and On-Line Banking

 

Opening an Account

The account opening process can be completed quickly. In order to open your account without hassle or delay, please be ready to provide the following:

For each Signer on the Account

  1. Social Security Number
  2. Date of Birth
  3. Two Valid Forms of I.D. (one must be a picture I.D.)
  4. Home Address
  5. Home/Work Telephone Numbers

Sole Proprietorship

  1. Tax I.D. Number or Socal Security Number
  2. Assumed Name Certificate or Business License
  3. Proprietorship Resolution

General Partnership/Limited Partnership

  1. Partnership Authorization and/or Resolution
  2. Tax I.D. Number
  3. Assumed Name Certificate , if applicable

Non-Profit Organizations

  1. Organization Resolution
  2. Tax I.D. Number
  3. Article of Incorporation if applicable

Corporation

  1. Corporate Resolution
  2. Tax I.D. Number
  3. Article of Incorporation

Limited Liability Company (LLC)

  1. Authorization and/or Resolution
  2. Tax I.D. Number
  3. Articles of Organization
  4. Operating Agreement

 

Online Banking

Holcomb State Bank’s FREE online banking service is a comprehensive, user friendly method of accessing business account information through the internet on your office PC. It provides an efficient and timely method of centralizing the monitoring of company accounts 24 hours a day, 7 days a week.

With online banking you can: