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This account can actually save your business money through reduced fees. Here's how it works. Your Commercial Checking Account features an earnings credit that can reduce or completely eliminate your checking account fees. This rate is calculated on the average invested balance for the statement period. The invested balance is the average collected balance, less federal reserve requirements ($10 per $100 collected balance). The earnings credit begins to accrue no later than the business day we receive credit for the deposit of non-cash items (for example, checks).* Checking Account Features: | Minimum to open | $100.00
| | Monthly Maintenance Fee | $8.00 | | Checks written | $.15 | | Items deposited | $.08 | ACH debits | $.12 | | ACH credits | $.12 | | Return deposit item | $2.00 | | Coin/currency handling (per $1,000) | $.50 | | Deposit/credit | $.25 |
*Home Bank reserves the right to change the earnings credit rate at any time.
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