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BUSINESS ACCOUNTS

Business Checking

Help your business grow with the many conveniences of opening a Business Checking account with Eastman National Bank. With a variety of account types to choose from, all of which include eStatements and paper statements, commercial banking is easier than ever.


Business Checking Small Business
Checking
Commercial Business
Checking
Business Money Maker
Fund (HIFI)
Min. To Open $200 $200 $250
Debit / Atm Card $1.00 per
Month
$1.00 per Month No Charge
eStatements* No Charge No Charge No Charge
Paper Statements* No Charge No Charge No Charge
Min. Balance Req. For APY N/A N/A $1000
Other Acct. Benefits SERVICE CHARGE
15¢ per Transaction if over
250 per cycle

* This account is available to
Sole Proprietorships only.
SERVICE CHARGE
$8 per Month
A credit of $.003 per $100 average.
Each check/debit, each deposit/credit, each
ACH item posted to the account
are 20¢

Each check deposited will be charged 8¢.
SERVICE CHARGE
$8 per Month
if balance falls below $1000
$10 excessive withdrawal fee

INTEREST BEARING
Tiered interest rate offered†

†Please refer to Truth in Savings Disclosure
for fees and tiered interest requirements.


Certificate of
Deposit

At Eastman National Bank, we feature Certificates of Deposit that range from 7 days to 5 years. The minimum amount to open a CD is $1000. Interest rates and annual percentage yields are subject to change. Fees could reduce the earnings on accounts. For current rate information contact a Relationship Banker or call us at 1 (855) 350-1362.

CDARS/ICS

Looking for a way to keep large deposits safe? Ask us about CDARS®. It's a great solution for: businesses, nonprofit organizations, public funds managers, trustees, financial advisors, individuals, credit unions, and IRAs.

With CDARS, you can receive up to $50 million in FDIC protection through Eastman National Bank. There are few guarantees in life - FDIC insurance is one of them. CDARS can be a valuable cash management or longer-term investment tool for you or your business.

Why CDARS?
It's one-stop shopping. With help from CDARS, you can access:

  • Safety - Your money can receive up to $50 million in FDIC insurance coverage.
  • Convenience - You work directly with us. You earn one interest rate and receive one regular statement. Individual investors receive one year-end tax form.
  • Community Investment - The full value of your money can support lending opportunities in your local community.
  • CD-Level Rates - Your money earns CD-level returns which may compare favorably with other investment alternatives, including Treasuries, corporate sweep accounts, and money market funds.

Click here for more information about CDARS.

Money Market

The higher your balance the higher rate of interest paid! This tiered interest-bearing account is ideal for individuals who only write a few checks each month.

  • A minimum opening deposit of $2,500 is required
  • Variable Interest Rate paid for balances $1000 and greater
  • $8 monthly service charge if balance falls below $1000
  • Interest compounded & credited monthly

You may make six (6) transfers from your account each four (4) week or similar period, if by preauthorized or automatic transfer, or telephone (including data transmission) agreement, order or instruction by check, draft, debit card or similar order (including POS transactions), made by the depositor and payable to third parties. Transfers and withdrawals made in person, by messenger, by mail, or at an ATM are unlimited. $10 fee for each debit over 6 per statement cycle.

An excessive withdrawal fee of $10 will be charged if withdrawals from the account exceed six during a statement cycle.

  • Internet banking access available
  • Telephone banking access available
  • VISA Debit Card or ATM Card available

Business Savings

Save money while earning interest on a Business Savings account with Eastman National Bank. With affordable charges, compounded interest rates, and many other account benefits, only ENB gives you this many savings options. In addition to our Business Savings account, we also offer Money Markets, Certificates of Deposit, and CDARS/ICS savings accounts.


Services Charges
Min. to open $100
eStatements* No Charge Quarterly
Paper Statements* No Charge Quarterly
Min. Balance Req. $100
Service Charge $5 / QuarterIf falls below $100
Withdrawls 6 / Month $10 fee on any above 6
Interest Compounded Credited Quarterly
Other Account Benefits

* Choose either paper or electronic
ATM access through Debit/ATM card

EBUCKS

Receive exclusive inclusion in this program. Promote your business, increase revenue and customer awareness - all at no charge!

  • All new ENB customers opening an account receive a $10 EBuck to the business of their choice from the list of EBuck participating businesses.
  • When you receive an EBuck, include it in your next deposit, and that $10 will be credited to your account.