Business Checking | Interest Checking
Tiered Statement Savings | Business Money Market | Certificates of Deposit

BUSINESS CHECKING

Mega Bank offers several business checking packages – we have options suitable for the Sole Proprietor, as well as middle-market enterprises.

BUSINESS CHECKING
Our low-fee, business checking account offers the convenience of a checking account with low minimum average daily balance requirements and unlimited check-writing privileges.

Minimum Opening Balance $500.00
No Monthly Maintenance Fee when you meet the required minimum daily average balance of $2,000.00
FREE Online Banking
Monthly Imaged Statements
No per-deposit or per-check fees

INTEREST CHECKING (Business Super Now)
Designed for the Sole Proprietor, Small Business Checking offers the convenience of a checking account with interest. Enjoy unlimited check writing and ATM/VISA® Debit card use with no per-check or per-transaction charges.

Opening Balance $1,000.00
No Monthly Maintenance Fee when you meet the required minimum average daily balance of $2,500.00
Interest Compound Monthly
FREE Online Banking
Monthly Imaged Statements

BUSINESS SAVINGS

TIERED STATEMENT SAVINGS
A convenient and accessible way to save money and to put money aside at a higher yield - the higher your balance, the higher the rate you receive on your funds.

Minimum Opening Balance - $500.00
No service fees when you meet the required average daily balance of $1,000.00
Higher balances earn higher interest
FREE Online Banking
Interest paid monthly
Limited to six preauthorized, automatic, or telephone transfer each statement cycle
Monthly Statements**

** Active accounts only, otherwise statements are quarterly

BUSINESS MONEY MARKET

Minimum opening balance - $2,500.00
Interest earnings - Compounded monthly and will be credited to your account monthly
No Monthly Maintenance Fee when minimum daily balance of $2,500.00 is maintained
Unlimited over the counter cash withdrawal
Withdrawals - Limited to six(6) transfers from your account during each statement cycle, but only three(3) may be made by check to third parties
Monthly fee of $10.00 if the daily balance falls below $2,500.00
$10.00 per item in excess of 6 transactions **

** Withdrawals are limited to 6 preauthorized transfers including automatic transfer, telephone agreement or instruction. Three of these transfers may be made by check, draft, debit card or similar order (including POS transactions).

CERTIFICATES OF DEPOSIT
Your Mega Bank Certificate of Deposit offers a guaranteed, higher interest rate with terms from 7 days to 5 years. The interest rate and annual percentage yield will not change for the term of the account.

Competitive Interest Rates
Minimum deposits as low as $2,500.00
Terms from 7 days to 5 years
Interest is payable either monthly or quarterly by check or automatic transfers to your Mega Bank checking or savings account, or can remain on deposit
Penalty charge for early withdrawal
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