Business Deposit Accounts

Ultimate Business Checking

Minimum to open: $50
Monthly service charge: $6
Minimum daily balance to avoid monthly service charge: $400
Interest earning: No
Number of transactions: Unlimited*
Unlimited ATM / Debit Transactions
Free Checks: No
Free Visa Debit card: Yes
Free online banking: Yes
Special Services:
Features low returned check and charge back fees.

Certificates of Deposit

If your business is in the enviable position of having excess cash on hand, you may want to purchase a certificate of deposit. New Era Bank issues CDs with maturities ranging from as little as 91 days, to as long as 5 years, so you can put your money to work for the period of time that is best for your business. The interest earned on the CD increases in proportion to the time that the money is tied up in the CD. This type of investment allows you to calculate your return from the outset and is FDIC insured up to $100,000 per depositor.