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BUSINESS CHECKING
The following is a summary of the service charges and earnings credit on business checking accounts. The earnings credit will reduce the service charge, but due to federal regulations the earnings credit will not exceed the total service charge.
Service Charges
Per check written: 10¢
Per check deposited: 5¢
Monthly maintenance charge: $5.00
Return deposit item: $2.00
Charge for drawing against uncollected funds is 1% APR over the Wall Street Prime Rate on the amount withdrawn.
Earnings Credit
Passbook rate on the daily collected balance.
Organization Account
For non-profit organizations
There is no minimum balance and no monthly service charge. See above for cost for checks written and items deposited.
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For comments & questions contact info@delanobank.com.
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1300 Babcock Blvd | P.O. Box 530 | Delano, MN 55328
763-972-2935 | 1-888-820-2027
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