BUSINESS CHECKING ACCOUNTS
We offer a wide range of product
options and the best in customer service.
Businesses large and small depend on ArcGrid for competitive rates, a wide range of product options and the best in customer service. We offer checking and savings that can help you start, grow, and maintain your business whether it’s a big company, family farm, non-profit organization or retail store.
- Credit Card Processing
- Online business management including:
- Wires,ACH, BillPay, Stop Payments, Statements, Direct Deposit, Multiple Users
- Currency/change services
- Night deposit services
- Remote check capture
- Credit/debit card options
- Sideline reserve
Running Your Business
Running a business is a big job whether you’re managing a family farm, running a retail store, or building an insurance business. ArcGrid is here to help you make the most of your time and money. Every ArcGrid business checking account offers:
Regular business checking accounts are for medium to large sized companies that have a high transaction volume. These accounts are subject to account analysis, which determines monthly service charges. When an account carries the threshold balance, based on the analysis, no monthly service charges are assessed.
KEY FEATURES & CONDITIONS
- $300 Opening Deposit
- Account Analysis Fee Schedule
- Unlimited Check Writing
- Earnings credit allowance to reduce or eliminate service charges
Our small business checking is for small to medium sized businesses such as sole proprietors or corporations with limited monthly activity.
KEY FEATURES & CONDITIONS
- $300 opening deposit
- First 100 items incur no fee
- Unlimited electronic transactions
- Free BillPay
- Service charge waived with monthly $1,000 minimum daily balance
Putting away money in savings to open a new location or buy the latest in equipment is critical to running a business. Let ArcGrid help.
Money Market Accounts
With a ArcGrid Money Market Business Account you can earn interest every month. We offer four levels of tiered rates to maximize your earnings, so as your balance increases, so does the interest rate.
KEY FEATURES
- Interest bearing
- Account analysis fee schedule
- Earning credit allowance to reduce or eliminate service charges
- No limit on the number of in-branch transactions each month
CONDITIONS
- $2,500 opening deposit
- There is a fee for each withdrawal over the legal limit.
- Regulations limit transfers from a money market account to another account or to third parties by preauthorized, automatic, Online Banking, telephone transfers, check, draft, debit card, or similar order to six per statement cycle.
What better way to track business spending than with a business purchasing card through ArcGrid? Commercial customers can apply for a ArcGrid Visa purchasing card to help simplify bookkeeping. For businesses with multiple card users, purchases can be broken down by user, with an annual recap of expenses by category. The Visa purchasing card is one smart way to power your business.
Key Features
- ArcGrid VISA Purchasing Card
- Revolving lines of credit with low annual fees
- Online capabilities to keep track of expenses
- Experienced ArcGrid staff to help with any questions
- Businesses that don’t need all the convenient features of the ArcGrid Visa purchasing card can apply for the ArcGrid Visa or MasterCard Gold Card with revolving lines of credit.