Business
>
Business Checking
>
Account Options for Sole Proprietors
>
Interest Checking
Business Interest Checking
Make every penny count.
Our Business Interest Checking account is the ideal account for sole proprietorships
or nonprofit organizations that need a financial solution that provides earning potential.
|
Monthly Service Charge
|
$15
|
|
Minimum Balance to Waive Service Charge
|
$5,000 minimum daily balance or $10,000 average daily balance
|
|
Access to Funds
|
Unlimited
|
|
Pays Interest
|
Yes. Simple interest accrues daily, compounds monthly and paid monthly.
Check our current rates.
|
|
Account Activity
|
$0.30 for each debit after the first 100 debits and $2.00 for each deposit after the first 20 deposits per statement period.
|
|
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 Business Interest 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.