Small Business Checking Account

  • Minimum opening deposit - $100.00.
  • $5.00 monthly service charge.
  • Excessive check fee of $.25 for each debit transaction (withdrawal, check paid, automatic transfer or payment out of this account) in excess of 20 during a statement cycle.

Regular Business Checking Account

  • Minimum opening deposit - $100.00.
  • $8.00 monthly service charge.
  • Deposit fee of $.08 for each item deposited.
  • Transit item paid fee of $.15 for each item paid.
  • Features an earnings credit which is applied to reduce/eliminate service charges.

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Sole Proprietor Service Charge Free Checking Account

  • Available to Sole Proprietors only.
  • Minimum opening deposit - $100.00.
  • No monthly service charge.
  • No minimum balance is required.
  • No per check charge.
  • Unlimited check writing.
  • Free ShazamChek/Debit card with no annual fee upon approval.

Non-Profit Service Charge Free Checking Account

  • Available to Municipalities and Non-Profit Organizations.
  • Minimum opening deposit - $100.00.
  • No monthly service charge.
  • No minimum balance is required.
  • No per check charge.
  • Unlimited check writing.

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Business Checking with Interest (NOW Account)  

  • Available to Sole Proprietors, Municipalities and Non-Profit Organizations.
  • Interest bearing checking account.
  • Minimum opening deposit - $1000.00.
  • Minimum balance of $1,000.00 is required to avoid service charges.
  • Unlimited check writing.
  • Interest is compounded and credited monthly.
  • Free – 1 box of Woodford State Bank image checks per order.
  • Free ShazamChek/Debit card with no annual fee upon approval (Sole Proprietors only).
  • Free Cashiers’ Checks and Personal Money Orders.
  • Rate and annual percentage yield may change monthly.

Business Money Market Account

  • Minimum opening deposit - $2,500.00.
  • Minimum balance of $2,500.00 is required to avoid service charges.
  • Limited to six withdrawals per month.
  • Interest is compounded and credited monthly.
  • Rate and annual percentage yield may change monthly.

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Business Index Money Market Account

  • Liquidity with higher earnings on larger balances.
  • Minimum opening deposit - $10,000.00.
  • Minimum balance of $2,500.00 is required to avoid service charges.
  • Limited to six withdrawals per month.
  • Interest is compounded and credited monthly.
  • Rate and annual percentage yield may change monthly.

Business Golden Passbook Account

  • Minimum opening deposit - $500.00.
  • Minimum balance of $500.00 is required to avoid service charges.
  • Limited to one withdrawal per calendar quarter.
  • Unlimited deposits accepted.
  • No electronic funds transfers (deposits or withdrawals) are allowed.
  • Interest is compounded and credited quarterly.
  • Rate and annual percentage yield may change monthly.

**Other fees may apply – contact a customer service representative.**

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Business Savings Account

  • Minimum opening deposit - $50.00.
  • Minimum balance of $25.00 is required to avoid service charges.
  • Limited to six withdrawals per month.
  • Interest is compounded and credited quarterly.
  • Rate and annual percentage yield may change monthly.

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