Interest Bearing Deposit Accounts

Level One Bank is focused on providing superior service and is committed to building strong, lasting professional relationships. What sets us apart is our experience, our commitment and our dedication to extending unparalleled service.

We offer a variety of Business Checking accounts for your convenience.   Choose from:

	Business Interest Checking	Business Money Market	Business Statement Savings	Certificates of Deposit
Overview	Designed for sole proprietors, not-for-profit organizations and government agencies that meet certain regulatory requirements.	For individuals and businesses looking for a savings allowing you to earn higher rates with higher balances.	An account designed for the small business beginning to set money aside, yet readily available.	For individuals and businesses looking for a savings allowing you to earn higher rates for a fixed term.
Earns Interest	Yes Tiered Interest	Yes Tiered Interest	Yes Tiered Interest	Yes
Sweep Feature	No	Yes	Yes	No
Minimum Balance	None	None	None	$500
Monthly Maintenance Fee	$11	$20 if balance falls below $2,500	$6 if balance falls below $250	None
Transaction Fees	Transaction fees apply*	Unlimited free deposits.  6 free withdrawals monthly.**	Unlimited free deposits.  6 free withdrawals monthly.**	None
Free Internet Bill Pay	Yes	Yes	Yes	Yes
Free Internet Banking	Yes	Yes	Yes	Yes

 

* Transactions are subject to a fee of $.50 per deposit, $.20 for checks paid, and $.15 for all other account transactions. Negative balance charges may be applied if your average monthly collected balance falls below $0.

** If the total number of the following types of transactions FROM your savings account exceeds 6 per monthly period, your account will be charged $5.00 for each transfer or payment over the limit. Types: checks or debit card transactions payable to third parties, transfers to another Level One account of yours, payments to third parties, preauthorized or automatic transfers (such as overdraft prtection transfers or arranging to have bill payments deducted directly from your savings account), telephone transfers, etc.