Five solutions to your business banking needs are available at McHenry Savings Bank.
Our most popular business checking product has an earnings credit which can offset the low monthly maintenance fee and minimal per-item charge.
Our second product is designed for the Sole Proprietor or Not-for-Profit Organization. This account has the same service charge package plus the added bonus of interest at a prevailing rate. Both of these products offer some great benefits including "Advance-It" and "Imaging". Select the business checking plan that best fits your business.
| Checking Accounts | Monthly Fees | Transaction Volume | Per Item Transaction Fee | Interest | Account Benefits |
| FREE Business | FREE | 0 - 100 | FREE | Non-Interest Bearing |
FREE Online Banking FREE Imaged E-Statements FREE First Annual Computer Data Disk |
| over 100 | $0.50 | ||||
| Commercial | $12.00 | 0 - 149 | FREE | Non-Interest Bearing |
FREE Online Banking FREE Imaged E-Statements FREE First Annual Computer Data Disk FREE First Year Online Bill Pay Subsequent years FREE if you pay 10 or more bills/month $10.00/month if you pay less than 10 bills FREE First 2 Business VISA Debit Cards FREE Cash & Coin Services FREE First year 3 x 5 Safe Deposit Box Rental (Not FDIC Insured) FREE First MSB Complete Business Check Package |
|---|---|---|---|---|---|
| Minimum balance to avoid monthly fees | 150 - 399 | $0.35 | |||
| $5,000 | 400 and above | $0.45 | |||
| Not-For-Profit | FREE | Unlimited | None | Non-Interest Bearing | FREE Online Banking FREE Imaged E-Statements FREE First MSB Check Order |
| Classic Business | $10.00 | Unlimited | $0.15 | Non-Interest Bearing | FREE Online Banking FREE Imaged E-Statements FREE First Annual Computer Data Disk FREE First 2 Business VISA Debit |
| Business with Interest | $10.00 | Unlimited | $0.15 | Prevailing Rate | FREE Online Banking FREE Imaged E-Statements FREE First Annual Computer Data Disk FREE First 2 Business VISA Debit |
| Lawyers Trust (IOLTA) | FREE | Unlimited | None | Prevailing Rate | FREE Online Banking FREE Imaged E-Statements |
McHenry Savings Bank · (815) 385-3000 · 353 Bank Drive McHenry, IL 60050
© 2011 McHenry Savings Bank. All rights reserved Member FDIC · Equal Housing Lender
© 2011 McHenry Savings Bank. All rights reserved Member FDIC · Equal Housing Lender