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Interest Bearing Deposit Accounts

Level One Bank is focused on providing superior service and is committed to building strong, lasting professional relationships. What sets us apart is our experience, our commitment and our dedication to extending unparalleled service.

We offer a variety of Business Checking accounts for your convenience. 

Choose from:

 

 

Select Business Checking

 Business Money Market

Business Savings

Certificates of Deposit  

Overview Designed for sole proprietors, not-for-profit organizations and government agencies that meet certain regulatory requirements. For individuals and businesses looking for a savings allowing you to earn higher rates with higher balances. An account designed for the small business beginning to set money aside, yet readily available. For individuals and businesses looking for a savings allowing you to earn higher rates for a fixed term.
Earns Interest  Yes
Tiered Interest
Yes
Tiered Interest
Yes
Tiered Interest
 Yes
Sweep Feature No Yes Yes No
Min. Balance to Open  $100  $100 $100  $500
Monthly Maintenance Fee  $11 waived with $5,000 monthly average balance. $20 waived with $2,500 monthly average balance. $6 waived with $250 monthly average balance. None
Transaction Fees  Transaction fees apply*

Unlimited deposits.  6 free withdrawals monthly.**

Unlimited free deposits.  6 free withdrawals monthly.** None
Internet Bill Pay   Yes  Yes  Yes  Yes
Free Internet Banking  Yes Yes  Yes Yes
  Open Account Open Account Open Account Open Account

 

* Transactions are subject to a fee of $.50 per deposit, $.20 for checks paid, and $.15 for all other account transactions. Negative balance charges may be applied if your average monthly collected balance falls below zero. Other transaction costs may apply. Fees and interest are subject to change. Cash transactions above $5,000.00 are subject to a fee of $0.20 per $100.00 deposited. Standard FDIC rules apply.

** If the total number of the following types of transactions FROM your savings account exceeds 6 per monthly period, your account will be charged $5.00 for each transfer or payment over the limit. Types: checks or debit card transactions payable to third parties, transfers to another Level One account of yours, payments to third parties, preauthorized or automatic transfers (such as overdraft prtection transfers or arranging to have bill payments deducted directly from your savings account), telephone transfers, etc.

 

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