Summit Bank is aware of the challenges encountered as a small business owner. We offer the Small Business Management Account to assist in meeting these challenges.

• $100 Minimum Opening Deposit
• Interest bearing account(NOW Account)
• $10 monthly balance requirement fee if balance falls below $5,000
• FREE Check Imaging with Monthly Statement
• Interest credited and compounded monthly
• Interest paid on entire collected balance
• FREE Internet Banking
• Bill Pay Available (FREE fist 120 days)
• Sole Proprietors and Non-Profits
• $.08 Charge per check/debit
• $.05 Charge per item deposited/credited

Variable Rate Account: The interest rate and Annual Percentage Yield may change. At our discretion, we may change the interest rate on your account at any time.

Fees could reduce earnings.

We use the daily balance computation method on daily collected balances to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.

Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (i.e. checks).

*Annual Percentage Yield accurate as of July 25, 2008


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