Platinum Bank®

Commercial Services

Business Accounts

Platinum Bank® offers an array of products and services to meet your Business financial needs.

Platinum - Business Checking

$100.00 minimum to open
$13.00 monthly maintenance fee
$.15 per check or debit paid; $.12 per item deposited
An earnings credit will be applied to the average daily collected balance to offset monthly service charge.

Platinum Performance - Small Business Checking

$50.00 minimum to open
No monthly maintenance fee if $2500 or greater average daily collected balance is maintained. $12.00 monthly maintenance fee if average daily collected balance is less than $2500.00.
150 checks or debits paid and items deposited at no charge. $.25 an item over 150

Platinum Performance Plus - Business Interest Checking

Available for sole proprietorships, non-profit organizations associations, and other non-corporate entities
$100.00 minimum to open
Interest compounded daily; paid at statement cycle.
Interest paid on average daily collected balance in the account. (Rates and disclosures on "Rates" screen.)
No monthly maintenance fee if $2500.00 or greater average daily collected balance is maintained. $12.00 monthly maintenance fee if average daily collected balance is less than $2500.00.
25 checks or debits at no charge; $.25 per check and debit over 25
25 items deposited at no charge; $.20 per deposited item over 25

Platinum Performance Reserve - Business Money Market

$2500.00 minimum to open
Interest compounded daily; paid at statement cycle. Interest paid on average daily collected balance in the account. (Rates and disclosures on "Rates" screen.)
No monthly maintenance fee if $2500.00 or greater average daily collected balance is maintained. $12.00 monthly maintenance fee if average daily collected balance is less than $2500.00.
Unlimited withdrawals in person or by mail; 6 transfers per statement cycle by preauthorized, automatic, Online Banking or telephone transfer, 3 of which may be made by check, draft, debit card or similar order to third parties.
25 items deposited at no charge; $.20 per item deposited over 25

Platinum Business Prestige - Savings

$100.00 minimum to open
Interest compounded daily; paid at statement cycle. Interest paid on average daily collected balance in the account. (Rates and disclosures on "Rates" screen.)
No low balance charge if $300 or greater average daily collected balance. $4.00 low balance charge if average daily collected balance is less than $300.00.
3 withdrawals or transfers per month at no charge. Limit 6 transfers and/or withdrawals per statement cycle to another account at our Bank, to a third party by means of a preauthorized or automatic transfer, Online Banking or telephone agreement, order or instruction. Excess activity fee of $2.00 per transaction over 3 transaction per statement cycle.