Business
>
Business Checking
>
Account Options for Nonprofit Organizations
>
Community Dividends Checking
Community Dividends® Checking
Special savings and benefits for nonprofits.
If your company is a designated 501(c)(3) nonprofit, this is the account you need.
Free of monthly charges, with free online banking and free bill pay, it also provides you
with a competitive rate of interest, an added interest rate bonus and special benefits for
your organizations’ employees.
|
Monthly Service Charge
|
|
|
Minimum Balance to Waive Service Charge
|
None
|
|
Access to Funds
|
Unlimited
|
|
Pays Interest
|
Yes. Simple interest. Accrues daily, compounds monthly and pays monthly.
Check our current rates.
|
|
Account Activity
|
- Up to 500 items processed per month (debits, credits, deposited items)
- Up to $5,000 in coin and currency transactions monthly
|
|
ATM/Debit Card Access
|
Free Business Debit Card
|
|
Online Banking, Mobile Banking & Bill Pay
|
Free Basic Business Banker (inquiries, transfers), Free Mobile Business Banker & Free Bill Pay
|
|
Additional Benefits
|
- Free Direct Deposit
- Free Telephone Banking
- Free electronic statements
|
|
Account Analysis
|
An Analyzed Checking Account is a cost-effective choice for businesses with high levels of account activity, and/or use of bank services and who maintain high balances. A Community Dividends Checking account can be set up on Account Analysis. It is best to discuss this account option with a Montecito Bank & Trust Relationship Manager to fully understand the details.
|
Not sure what documents you'll need to open a new business account?
Opening a new account is easy. But knowing exactly which documents to
bring to the branch can be confusing - we get it! That's why we've put
together a simple checklist of
Required Documents for New Business Accounts.
Ready to get started?
To open an account,
call us at (805) 963-7511, or just stop by one of our convenient
branch locations.
Compare:
And don’t forget Overdraft Protection
and Direct Deposit.