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
  
• Minimum of $1,000 required to open
• Below $1,000 there is a $15 monthly maintenance fee
• Balances of $1,000-$2,499 earn .25% APY
• Balances of $2,500 or more earn one of the highest interest rates available
• Check images are included in monthly statement
• 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

• Corporate Cash Management Services
  Makes managing the financial aspects of your company less time consuming so you can spend your time on managing the operation of your company.
  
  We offer the following services to our commercial customers.
  • Merchant Services
  • Wire Transfers
  • Sweep Accounts
  • Account Analysis Services
    
  • Remote Electronic Deposit Capture
    Allows you to deposit checks without ever leaving your office.
    
    • Improve cash flow
    • Extend deposit times
    • Gain faster access to information
      
      How it works:
    • Using a scanner, you scan each check.
    • The system checks the readability of the item.
    • The system verifies the deposit amount and transmits to the bank.
    • Funds are credited to your account.
    • The scanned check images are available for you to review on-line.
      
      Call us at (504) 522-3203 for more details.

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 $100
• 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 (HSA)
  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
• Click here to learn more about HSAs.
• Use our HSA PlannerTM to calculate your elegibility, contributions, and worth projection.

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

Loans

• Fixed and Variable Rate Term Loans
• Real Estate Construction Loans
• Commercial Line of Credit

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