Business
>
Business Checking
>
Account Options for Other Business Entities
>
Business Maximizer® Checking
Business Maximizer® Checking
Full-service business checking with the power of a line of credit.
Choose our value-packed, full-service banking solution that features
a business checking account linked to a line of credit to provide your
business with unparalleled power and purchasing flexibility.
|
Monthly Service Charge
|
$25
|
|
Minimum Balance to Waive Service Charge
|
$8,000 minimum daily or $15,000 average daily balance or $35,000 combined monthly checking and Business Maximizer® Line of Credit balance (credit approval needed for a Business Maximizer® Line of Credit.)
|
|
Access to Funds
|
Unlimited
|
|
Pays Interest
|
No
|
|
Account Activity
|
$0.30 for each debit after the first 200 debits and $2.00 for each deposit after the first 25 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
|
|
Special Features and Benefits
|
- $100 set-up fee and $100 annual fee waived on a credit approved Business Maximizer® Line of Credit.
- Let your Business Maximizer Line of Credit serve as overdraft protection to your business checking account.
- Free Business Value Pack (includes an initial set of checks and deposit slips plus an endorsement stamp).
- Free Personal Checking account with first order of specified check styles free.
- 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 Maximizer 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.