An interest bearing account with allowable transactions and the fee structure based on the balance maintained in the account.

Features

• Interest rate is subject to change daily
• Interest accrues daily and pays at monthly statement cycle
• Free direct deposit
• Funds in the account earn interest regardless of daily balance
• Unlimited deposits may be made
• Funds are FDIC insured up to $250,000
• Free Online Banking
• Free E-Statements

Benefits

• Your funds earn competitive, current rates
• Your interest earned is available monthly for additional income
• Saves trips to the bank
• Your funds are available for your use while continuing to earn interest
• You control the amount of interest you earn by the funds you deposit
• Offers added security

Details

• Minimum opening deposit of $1,000.
• If the balance falls below the minimum balance required on any day during the statement cycle a monthly maintenance fee will be assessed as follows: (Balance -> Monthly Maintenance Fee) $3,000 & above -> No charge, $2,000 - $2,999.99 -> $5.00, $1,000 - $1,999.99 -> $7.50, $999.99 & below -> $10.00.
• There will be a $0.13 charge for each debit posted. There is a $0.06 charge for each float item (checks not drawn on The National) deposited.

Eligibility
This account is available to sole proprietorships and qualifying non-profit organizations only, no corporations.