Business Banking

Small Business Checking

  • $100 Minimum to Open
  • $10 per month service charge, limited to 150 transactions ($.50, per transaction after first 150)
  • Check images returned in statement

Commercial Checking Account

  • $100 Minimum to Open
  • Service charges are determined by account analysis
  • Earnings credit based on average monthly collected balance
  • Check images returned in statement

Interest Checking Account**

  • For sole proprietors, certain escrow funds, trust and fiduciary accounts, public funds, non-profit organizations operating for religious, charitable, educational or similar purposes.
  • $100 Minimum to Open
  • Service Charges are determined by account analysis
  • Business accounts are not subject to earnings credit
  • Check images returned in statement

Money Market Account**

  • $1000 Minimum to Open, $1,000 Minimum Daily Balance to Avoid Service Charge
    ($15 per month service charge if balance falls below $1,000 during cycle period)
  • Limited to 6 withdrawals per month (only 3 of which may be to third parties, including ATM and drafts – $10 per item after 3)
  • Check images returned in statement

Savings Account***

  • $100 Minimum to Open, $300 Minimum Daily Balance to Avoid Service Charge
    ($9 Quarterly Service Charge if minimum daily balance falls below $300 during the quarter)
  • Six withdrawals per quarter at no charge, $5 per additional withdrawals

*When you use an ATM not owned by Franklin Bank we will charge you a $1.00 fee, and you may also be charged a fee by the ATM operator or any network used to complete the transaction.

**Interest is paid monthly based on the daily collected balance.

***Interest is paid quarterly based on the daily collected balance.

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