Checking - Brochure
Commercial Checking
First Keystone Bank's Commercial Checking account is designed for all types of business and professionals. The Branch Manager at the office most convenient to your business services your account to ensure the best possible service.
Monthly statements include a customized Profitability Analysis which details business activity and contributes to greater control of future cash management. Earnings credits are earned on a monthly basis based on average collected balances and can be used to offset any charges.
Other features include:
- $50.00 minimum needed to open
- Automatic overnight sweep account into interest bearing account
- Medallion and Notary services
- Lines of credit
- Corporate debit card
- Night depository
- Wire transfers
- Overdraft protection
- Free business insurance evaluation
Small Business Checking
This account is great for small and medium size businesses with moderate transaction volume. Features include:
- $300 minimum to open
- $300 balance to avoid month service charge
- No earnings deposits
- Lines of credit available
- Free Notary Service
- Overdraft available through savings account
- Check Imaging front and back
Member Select Checking
This account is offered free to the employer with a Commercial Checking account and provides a host of value-added benefits to the Company's employees. Features include:
- First 160 checks free
- Unlimited check writing
- No minimum balance
- Free traveler's checks
- Discounts on loan products
Business Money Manager
Earn very competitive interest rates and write one check per monthly cycle. The accounts are tiered so that the higher your account balance, the higher the rate of interest earned. For added flexibility, you can make unlimited transfers and withdrawals at the branch or through Keystone Direct (our 24-hour telephone banking service).
Sweep Account
This is an optional add-on feature available for our regular business checking account customers.
The sweep account process is comprised of two accounts, the concentration account (commercial checking account) and the investment account (sweep investment account). Each night the remaining balance in the commercial checking account is transferred into the investment account where it earns a competitive interest rate until the funds are withdrawn. The investment account is credited with the interest earned monthly.
Please call a branch office and ask for one of our business development officers.
Non-Profit Checking
This is free checking with no minimum balances and no fee for those organizations with non-profit status. Plus, the account earns interest. The organization should provide a non-profit tax identification number and/or an affidavit referencing their non-profit status.
