CommercialSolutions- Checking

Downtown KC, Gardner, Lee's Summit, Ottawa and Overland Park

SolutionsBank offers a variety of account options for any commercial business. See below for what's offered in your location.

Commercial Checking Accounts
Commercial Checking (High Volume Account)

• $100 minimum opening deposit
• Earnings Credit Allowance* may offset monthly service charge. The Earnings credit rate is based on 91 day T-bill
• $10 monthly service charge
• $0.15 per debit
• $0.20 per credit
• $0.08 per deposited item

Earnings Credit Allowance:
Monthly service charges for each statement cycle can be offset by an Earnings Credit Allowance that is calculated by applying a market rate to collected non-interest bearing balances, adjusted by a reserve requirement factor. On negative collected balances, prime rate plus 2% will be charged.

Small Business Checking (Low Volume Account)

• $100 minimum opening deposit
• $100 minimum daily balance to avoid the $10 monthly service charge
• Up to 20 free debits, 20 free credits, and 100 free deposited items per month
• Each additional debit, credit or deposited item is $0.25 each

Business NOW Account (For not-for profit organizations, sole proprietorships and government entities)

• $500 minimum opening deposit
• Interest is earned on average collected balance of $2,500 or more and credited to the account the last business day of the monthly statement cycle
• $1,000 minimum daily balance is required to avoid $10 monthly service charge
• $0.15 per debit
• $0.20 per credit
• $0.08 per deposited item

Commercial Investment Accounts
Savings

• $100 minimum opening deposit
• $100 minimum daily balance to avoid $5 monthly service charge
• Six (6) free withdrawals per quarter. For each additional withdrawal, a fee of $1 will be added at the end of the statement cycle
• Interest is earned on average collected balances of $100 or more and credited to the account on the last business day of the quarterly statement cycle

Regular Money Market

• $1,000 minimum opening deposit
• $1,000 minimum daily balance to avoid $10 monthly service charge
• Six (6) free withdrawals per month. For each additional withdrawal, an excessive fee of $10 will be assessed at the end of the statement cycle
• Withdrawals or transfers to another account or to third parties by preauthorized, automatic, or telephone transfer are limited to six (6) per statement cycle, with no more than three (3) of these by check, draft, debit card or similar order to third parties
• Interest is earned on average collected balances of $1,000 or more and credited to the account on the last business day of the monthly statement cycle
• Tiered interest levels:
  • 0-$9,999
  • $10,000-$24,999
  • $25,000-$49,999

Preferred Money Market

• $50,000 minimum opening deposit
• $50,000 minimum balance to avoid $10 monthly service charge
• Six (6) free withdrawals per month. For each additional withdrawal, an excessive fee of $10 will be assessed at the end of the statement cycle
• Withdrawals or transfers to another account or to third parties by preauthorized, automatic, or telephone transfer are limited to six (6) per statement cycle, with no more than three (3) of these by check, draft, debit card or similar order to third parties
• Interest is earned on average collected balances of $50,000 or more and credited to the account on the last business day of the monthly statement cycle
• Tiered interest levels:
  • $50,000-$99,9999
  • $100,000-$249,999
  • $250,000 and above

Certificates of Deposit

• $1,000 minimum to open
• Terms ranging from seven (7) days to five (5) years

Note for Interest Bearing Accounts: Interest is accrued and credited on the last business day of the statement cycle. If the account is closed prior to the interest credit, interest for that statement cycle is forfeited.

PersonalSolutions

• Checking
• Savings
• Loans
• Other Services
• Fee Schedule

CommercialSolutions

• Checking
• Cash Management
• Loans
• Fee Schedule
• Schedule Meeting w/ Loan Officer