Business Checking
Simple Business Checking
Simple Business Checking is designed for small business owners who pursue simplicity in managing their financial operations. The minimum amount to open this account is $100, and the minimum balance to maintain the account is $1. There is a fixed monthly maintenance fee. Enjoy free internet banking access to check your account balance online.
Account Features and Benefits
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Fixed monthly maintenance fee of $7.00.
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Minimum balance of $1.00 required to maintain this account.
Regular Business Checking
Regular Business Checking is suitable for business owners who use high volume of checks. The minimum initial deposit requirement is $1,000. The monthly maintenance fee will be waived if you maintain an average daily balance of $1,000 in the account. Transaction fees are applied (see below for detail). Enjoy free access to internet banking and bill payment services!
Account Features and Benefits
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$0.10 credit for every $100.00 average daily balance in the account at the end of the monthly cycle. The credit will be used to offset per check or ACH transaction fees for the month.
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Your monthly service fee may be waived by maintain an average daily balance of $1,000 in the account for the monthly cycle.
Convenience Business Checking
Convenience Business Checking is a premium business account for high volume of transactions. The minimum initial deposit amount is $1,000. The monthly maintenance fee will be waived if an average daily balance of $3,000 is maintained in the account during the statement cycle. Enjoy free access to internet banking and bill payment services!
Account Features and Benefits
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No monthly service fee with an average daily balance of $3,000 in the account for the monthly cycle.
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No transaction (ACH/CHECK) fees
Please see the Bank's current fee schedule. Click here
Simple Business Checking | Regular Business Checking | Convenience Business Checking | |
Description | Simple Business Checking is designed for small business owners who pursue simplicity in managing their financial operations. | Regular Business Checking is suitable for business owners who use high volume of checks. | Convenience Business Checking is a premium business account for high volume of transactions. |
Minimum | $100 | $1000 | $1000 |
Transaction (ACH/Check) | None | $0.20 | None |
Minimum Balance Requirement | $1 | $1000 | $3000 |
Monthly Service Fee | $7 | $12 | $15 |
Earn Interest | None | None | None |
Instant Debit/ATM Card |
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Online Banking Access |
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Have a Question?
For more information, please call customer service at 1-888-MyWoori (699-6674) or contact us online.
