BUSINESS products

Business Checking

Our products are structured according to the volume of transactions a business creates. Our products also offer special features like Visa® Debit Cards, E-Deposit and Online Banking.

Small Business Checking*
These accounts are designed for small and seasonal businesses. 
*Annandale State Bank reserves the right to require high activity customers to move into a Business Checking Account.

  • Free Safekeeping of Checks
  • NSF - $20 per item
  • 100 debits free per statement cycle
  • $.25 per debit in excess of 100
  • 100 credits free per statement cycle
  • $.25 per credit in excess of 100

Non Interest Bearing
$500 minimum balance to avoid maintenance fee:

  • $5 per statement cycle, with returned check images
  • $3 per statement cycle, without returned check images

Interest Bearing (qualifying businesses only)
$1,000 minimum balance to avoid maintenance fee:

  • $10 per statement cycle, with returned check images
  • $8 per statement cycle, without returned check images

Interest compounded and credited monthly.

Business Checking
This account is designed for our average to large volume businesses.

Activity Charges* (settled monthly):

  • $10 monthly maintenance fee
  • $.10 per Check/Debit
  • $.15 per Deposit/Credit
  • $.04 per deposited local item
  • $.08 per deposited transit item
  • Rolled Coin Fee: $.07 per roll
  • Extra Statement Cycle $7.50

*Earnings Credit Allowance will offset activity charges.

Overdraft - $30 per day
Interest bearing account available for qualifying businesses only.

Community Checking
This account is offered on a limited basis to non-profit organizations with small or seasonal volumes of transactions

  • No minimum balance required
  • No maintenance fees
  • Non-interest bearing
  • $2 per statement cycle with returned check images
  • Overdraft - $30 per day

For more information, please contact us.