Business Checking
Prosperity Bank offers a variety of Business Checking Accounts to meet every individual's needs. Here are a few of the benefits you will experience with a Prosperity Bank Business Checking Account:
- 24-Hour Telephone Banking
- Internet Cash Management Services available
- Online transaction images
- Easy to balance monthly imaged statement
- Business Debit Card available
- Free ATM access at any of our Banking Centers spanning the Gulf Coast and Dallas
- Click here for rates on Checking with Interest Accounts
Business Checking Accounts
Prosperity Bank
Account |
Business Checking
(Non-Interest Bearing) |
Small Business Checking
(Non-Interest Bearing) |
Business Checking with Interest
(Interest Bearing) |
Minimum Balance
to Open
an Account |
|
|
|
Avoid Minimum
Balance Fees When
You Keep a Daily
Balance of |
|
|
|
Otherwise Your
Minimum Balance
Fee Is |
- Charged through an account analysis of monthly collected balances
|
|
|
| Transaction fees |
- Monthly Maintenance Fee - $15.00
- Checks/Debits (per item) - $0.15
- Deposits/Credits (per item) - $0.20
- Items Deposited (per item) - $0.095
- Rolled Coin (per roll) - $0.10
- Currency Strap (per strap) - $0.55
- FDIC Insurance - $0.16 (per $1000 avg ledger balance)
- Deficient Balance Charge - Wall Street Journal Prime Rate plus 4%
- Currency Transaction Report - $25 per report
- *The Analysis Fee Schedule is subject to change at the Bank's discretion without notice
|
- There is no charge for the first 25 deposits, 150 items deposited, and 75 checks and/or debits paid to your account per statement cycle.
- A $0.25 per item charge will apply each statement cycle according to the following schedule:
- Deposit in excess of 25 - $0.25
- Item Deposited in excess of 150 - $0.25
- Check/Debit in excess of 75 - $0.25
|
- Business Checking with Interest accounts will be limited to 50 transactions per statement cycle (any combination of debits, credits, and deposited items).
- If you process more than 50 transactions per statement cycle, the account will be subject to account analysis (the related charges are disclosed under the heading Business Checking).
|
Important Features
& Value Added
Services |
- As an offset to the transaction fees, an earnings credit equal to the three (3) month US Treasury Bill auction average for the prior month (as published in the weekly Federal Reserve Statistical Release H-15) minus 75 basis points will be applied to the average collected balance less a Federal Reserve requirement of 10%
- Easy to balance monthly imaged statement
- 24-Hour FASTLINE automated telephone banking
- Internet Cash Management Services
- Business Debit card available
- *Subject to change without notice
|
- Easy to balance monthly imaged statement
- 24-Hour FASTLINE automated telephone banking
- Internet Cash Management Services
- Business Debit card available
- *Subject to change without noticee
|
- Federal government regulations prohibit partnerships and for-profit corporations from owning Checking with Interest accounts.
- This account is available to sole proprietorships and non-profit corporations or organizations.
- Easy to balance monthly imaged statement
- 24-Hour FASTLINE automated telephone banking
- Internet Cash Management Services
- Business Debit card available
- *Subject to change without notice
|
Account
Disclosures |
|
|
|
Prosperity Bank reserves the right under Positive Pay to require the account holder to transmit certain check issuance information to the Bank regarding checks written before such checks will be paid. Prosperity Bank may return checks presented for payment if such checks are not part of the check issuance information.
With Positive Pay each day checks are written the Bank's customer electronically transmits to the Bank a file listing issued checks. When issued checks are presented for payment at the Bank, the checks are compared electronically against the list of transmitted checks. The check issuance information sent to the Bank contains the check number, account number, issue date, and dollar amount, and may include the name of the payee.
