This account is ideal for business clients with low transaction activity. One flat monthly fee of $10.00 offers unlimited deposits, up to 75 checks paid per month and 50 checks deposited. Transactions over the limit will be assessed a $0.50 per item fee. Maintain a daily collected balance or an average of $4000.00 to avoid imposition of a monthly service charge.
An ideal account for business with high transaction activity and deposit balances. Alliance Bank offers very competitive earning credit rate. The principle of Account Analysis is to give credit against service charges to demand accounts. Account Analysis earnings credit is calculated using the average positive balance available balance, less required reserves, multiplied by the earnings credit rate established by the Bank, divided by 365, and multiplied by the number of days the available balance was positive. From this earnings credit, monthly maintenance, activity charges, special services, interest paid, interest on overdrafts, and interest for items paid against uncollected funds are subtracted to determine net profitability. If the earnings credit is insufficient to compensate for services provided during the month, the difference is charged to your designated account.
This account is an interest-earning account featuring unlimited check writing that is available only to sole proprietors and non-profit organizations. Interest is compounded daily and credited monthly. Refer to Alliance Bank’s current deposit rate sheet for current rates and annual percentage yields. You must deposit $2500.00 to open this account. You must maintain an average daily balance of $2500.00 to avoid imposition of a $10.00 monthly service charge.
This account is an interest-earning account featuring unlimited check writing that is available only to California legal practitioners. Nominal interest less service charges is paid to the California State Bar Association. Interest is compounded daily and credited monthly. Refer to Alliance Bank’s current deposit rate sheet for current rates and annual percentage yields. You must deposit $2500.00 to open this account. You must maintain an average daily balance of $2500.00 to avoid imposition of a $10.00 monthly service charge.
This account is a tiered interest-earning account. Refer to Alliance Bank’s current deposit rate sheet for current rates and annual percentage yields. You must deposit $2500.00 to open this account. You may make six (6) transfers from the account each month, by preauthorized transfer or by telephone (including data transmission) agreement, order or instructions. Three (3) of these transfers may be by check or draft (including POS transaction) made by the depositor and payable to third parties. Transfers and withdrawals made in person, by messenger or mail are unlimited. An excessive transaction fee of $10.00 will be charged for each check paid, withdrawal or transfer in excess of those allowed by FDIC regulations.
This account is an interest-bearing account. Refer to Alliance Bank’s current deposit rate sheet for current rates and annual percentage yields. Interest is compounded daily and paid quarterly. You must deposit $500.00 to open this account. Federal withdrawal and transfer restrictions apply. A service charge of $3.00 will be imposed each quarterly statement cycle if the daily balance falls below $200.00.
This account is an interest-bearing term account. Choose from various terms and interest payment options. Refer to Alliance Bank’s current deposit rate sheet for current rates and annual percentage yields. You must deposit $5,000.00 to open this account. You may not make additional deposits into this account. You may not make withdrawals from your account until the maturity date. If you withdraw any of the principal before maturity, Alliance Bank will invoke a penalty of one month’s interest on the amount withdrawn if the original maturity date is one year or less; three month’s interest on the amount withdrawn if the original maturity date is more than one year.