Select Business Checking is designed for companies with moderate transaction levels and basic online banking needs. No dollar minimum is required to open the account, and there is no monthly maintenance fee as long as the account maintains a minimum balance of $15,000.
Select Business Checking provides free eStatements, free debit card and free DirectBanker online banking for up to two users. Through DirectBanker, you also have access to a free wire transfer module and can have an unlimited number of accounts. Check Capture is available for a monthly fee, but an electronic check scanner is provided for free with a two-year contract – eliminating the hassle of making deposits.
Talk with a Bank SNB treasury management representative in your area to determine if Select Business Checking is right for you, or contact commercial client services at 405.742.1583.
- For balances $0-$5,000, monthly maintenance fee is $20
- For balances $5,001-$14,999.99, monthly maintenance fee is $15
- Paper statements are $3
- Total items >300 items of $.75 each include debits posted, credits posted, deposited items, withdrawals and deposits
- DirectBanker unlimited accounts must be Budget Business, Select Business, Interest-bearing, loan or a Personal Account
- Per item wire fees apply: $15 for outgoing and $45 for international wire
- Borrowed funds charge on uncollected balances is Bank SNB Base Rate +2%